Many people in India and other countries still prefer to live on rent but in this case, the rent receipt becomes an important document to keep records. A rent receipt is a document recording the payment of rent by the tenant to the landlord which is issued by the landlord and is used for legal purposes. so we have below Rent Receipt Format PDF Free Download.
The rent receipt contains the amount of rent, the date of payment received, the name of the tenant, and other information. Its purpose is to keep a physical record of the tenant and the landlord. Sometimes there may be a payment dispute between these two and it becomes an important document to resolve it. If you are a tenant and you are making your payment through cash or cycle then it is very important to keep the payment record.
RECEIPT OF HOUSE RENT (Under Section 1 (13-A) of the Income Tax Act)
Received a sum of Rs……………………………………………… (Rupees………………………………………………………………………………………………………………………………… from…………………………………………………………………………………………………………………….towards the rent @………………………………………… per month from………………………………………………………………to…………………… in respect of House No. …………………… situated at………………………………………………………………………………………………………………………………
Affix One Rupee Revenue Stamp
Date: ………………
Signature of the House Owner
Name: ………………………………………..
Address: ………………………………………..
……………………………………………………….
PAN NO: …………………………………………………
Why is a rent receipt necessary?
A rent receipt is proof that acts as a necessary document supporting the transfer of money to the landlord. It is also mandatory to submit the rent receipt for claiming House Rent Allowance (HRA). You have to provide the rent receipt to your employer as proof of payment of rent.