Adopt Countersign Rent Receipt For Free

It is a free-to-use product that automates the generation of rental receipts and assists individuals in submitting their House Rent Allowance (HRA) proofs to their employers. You don't even need the revenue stamp if you are payment of rent is made via cheque. The receipt generated by ClearTax is sufficient.

Fill the required details like Monthly rent, Address of the rented house, email-Id, PAN number etc. After selecting the time period of generating the rent receipt-monthly, quarterly, half yearly or yearly, the rent receipt will be shared to your email address.

If an employee receives HRA in excess of Rs. 3000/- per month, it is mandatory to provide a Rent receipt to the employer as evidence for claiming HRA. Even if your HRA is less than Rs. 3000/-, try to keep rent receipts with you in case the Income Tax Officer asks for them at a later date.

Can I claim HRA without a rent receipt? Yes, if your HRA is up to Rs 3,000 per month, you can claim HRA without rent receipts. But, you can not claim HRA without rent receipts when your HRA exceeds Rs 3,000.

The maximum HRA exemption without rent receipt is up to Rs 3,000. You are not eligible to claim HRA if your rent exceeds Rs. 3,000. So if your rent exceeds this amount, ask for rent receipts from the landlord.

But if you are paying rent and do not receive a receipt from your landlord you can easily generate one. It can be done easily using the Scripbox Rent Receipt Generator. Step 2: Secondly, enter details on the form such as your name, landlord's name, and PAN. You must enter the correct rent amount paid in a month.

Revenue Stamp on Rent Receipts When the monthly rent paid in cash exceeds Rs 5,000, affixing a revenue stamp on the generated rent receipts is mandatory. If the rent paid is below Rs 5,000, there is no requirement for a revenue stamp on the rent receipts. Revenue stamps can be obtained from a post office near you.