Rent Receipt Details
HRA Rent Receipt Preview
HOUSE RENT RECEIPT
Section 10(13A) Income Tax Act, 1961Understanding HRA Rent Receipts in India
House Rent Allowance (HRA) is one of the most substantial tax-saving exemptions available to salaried employees under Section 10(13A) of the Income Tax Act, 1961. To claim this deduction, employees must submit valid rent receipts from their landlords as proof of rent payment.
When is Landlord PAN Mandatory?
If your total annual rent payment exceeds ₹1,00,000 (equivalent to ₹8,333 per month), it is statutory under CBDT guidelines to provide your landlord's PAN. If the landlord does not possess a PAN, a formal declaration in Form 60 must be obtained.
When is a ₹1 Revenue Stamp Required?
Under the Indian Stamp Act, if rent is paid in cash exceeding ₹5,000 per receipt, affixing a ₹1 revenue stamp with the landlord's signature across it is legally required. For digital payments (UPI, NEFT, Cheque), revenue stamps are not mandatory, but recording transaction reference IDs is recommended.