Free Rent Receipt Generator for HRA Tax Exemption
Generate professional, printable rent receipts for company HR portal submission. Instant 12-month financial year batch creation, Landlord PAN validation, and revenue stamp format with zero server uploads.
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Viewing: Month 1 of 12 (April 2025)
HOUSE RENT RECEIPT
Under Section 10(13A) of Income Tax Act, 1961Received with thanks from Mr./Ms. Rajesh Sharma the sum of ₹15,000 (in words: Fifteen Thousand Rupees Only) towards the house rent for the month of April 2025.
Everything You Need to Know About Rent Receipts for HRA Exemption
Under Section 10(13A) and Rule 2A of the Indian Income Tax Act, salaried employees can reduce their taxable income by claiming House Rent Allowance (HRA). Corporate payroll departments require documentary proof to grant this exemption before generating Form 16.
📋 When is Landlord PAN Mandatory?
As per circular guidelines issued by the Central Board of Direct Taxes (CBDT), if an employee pays total annual rent exceeding ₹1,00,000 (which works out to more than ₹8,333 per month), it is mandatory to report the Landlord's Permanent Account Number (PAN).
If your landlord does not possess a PAN card (for instance, senior citizens with income below the taxable threshold), you must obtain a signed declaration along with Form 60 confirming their identity and non-taxable status.
🏷️ Is a Revenue Stamp Legally Required?
Under Section 30 of the Indian Stamp Act, 1899, any receipt acknowledging cash receipt of money exceeding ₹5,000 requires a ₹1 revenue stamp signed across by the recipient (landlord).
If rent is transferred digitally via UPI, NEFT, RTGS, or Cheque, a revenue stamp is technically not mandatory under stamp duty laws. However, corporate HR auditors and payroll compliance teams frequently require signed stamps as standard standard-operating-procedure proof.
Frequently Asked Questions (FAQs)
Can I claim HRA if I pay rent to my parents? ▼
Yes. You can legally claim HRA by paying rent to your parents, provided they are the legal owners of the residential property. You must execute a formal rent agreement, transfer rent monthly through banking channels (NEFT/UPI), and collect signed rent receipts. Remember that your parents must declare this rental income under "Income from House Property" in their own annual Income Tax Return (ITR).
Can I claim HRA under the New Tax Regime (Section 115BAC)? ▼
No. Under the default New Tax Regime (Section 115BAC), House Rent Allowance (HRA) exemption under Section 10(13A) is not allowed. HRA exemption can only be claimed if you opt for the Old Tax Regime during tax filing. Use our In-Hand Salary Calculator to compare whether the Old or New Regime yields greater tax savings for you.
How many receipts should I submit to my company? ▼
Most corporate HR portals require either: (1) All 12 individual monthly rent receipts for the financial year (April to March), or (2) Rent receipts for the last 3 to 4 months along with your registered Rent Agreement and bank account statement showing rent debits. BuyWiseHub generates all 12 receipts in one click so you are 100% prepared.
Is my personal or PAN information stored on BuyWiseHub? ▼
Zero server storage. BuyWiseHub tools execute entirely in client-side JavaScript inside your browser. No tenant names, landlord PAN details, addresses, or financial data are ever sent over the network or saved in any database.