Rent Receipt Generator

1

Basic Details
2

Property Details
3

Personal Details
4

Result

Full Name

Mobile Number

Monthly Rent

₹

PAN Number

Owner Name

Pan Number

Address

Rent Receipt Format

Monthly

Quaterly

Start Date of the rent receipt

End Date of the rent receipt

Rent Receipt Generator: Generate Rent Receipts Online for Free

An online rent receipt generator is a tool that helps tenants and landlords create professional rent receipts in minutes. These digital solutions simplify the process of documenting rent payments, making it easier to claim HRA benefits and maintain accurate rental records.

With features like auto-calculation, simple template, and instant downloads, online rent receipt generators eliminate manual errors and save time. Create rent receipts online instantly and effortlessly to keep your rental documents organised.

Rent Receipt Meaning What is Rent Receipt Generator? How to Generate Rent Receipt Online? Details Required Benefits Who needs to Submit? Rent Receipt Submission Process Things to Know When Generating Rent Receipt Frequently Asked Questions

What is a Rent Receipt?

A rent receipt is an important document which acts as proof of rent payment. When a tenant pays rent, the landlord/ landlady must provide a rent receipt with his/ her signature on it.

It typically includes details such as the tenant’s name, landlord’s name, property address, rent amount, payment date, and mode of payment. Rent receipts serve as an important record for both parties, ensuring transparency in financial transactions.

What is a Rent Receipt Generator?

A rent receipt generator is an online tool designed to create professional rent receipts quickly and easily. Instead of manually writing receipts, these generators allow tenants and landlords to enter details such as tenant name, landlord name, property address, rent amount, payment date, and mode of payment.

Once the information is filled in, the tool instantly auto-calculates and generates a formatted receipt that can be downloaded or printed.

How to Generate Rent Receipts Online Using Digit's Rent Receipt Generator?

Using Digit’s Rent Receipt Generator is simple and hassle-free. Here is how you can avail of a free rent receipt generator:

Step 1

Provide your name, mobile number, monthly rent amount, and PAN card (optional).

Step 2

Enter landlord’s name with complete address of rented property along with landlord’s PAN (optional).

Step 3

Select the rent receipt format (monthly or quarterly), specify the duration, and provide your email ID.

Step 4

You’ll be redirected to a new page where you can view the sample, print, or download the rent receipt.

What are the Details Required in a Rent Receipts?

A rent receipt maker must include specific details to make it valid and acceptable for HRA claims and record-keeping. These details are:

Tenant Information: Full name, Contact details, PAN (optional)
Landlord Information: Full name, Address, PAN (optional – mandatory if the rent exceeds ₹ 1,00,000)
Property Details: Complete address of the rented accommodation
Payment Details: Monthly rent amount, Payment date, Mode of payment (cash, cheque, bank transfer, UPI)
Receipt Details: Duration (monthly or quarterly), Signature of the landlord, Revenue Stamp

What are the Benefits of Rent Receipt?

Rent receipts play a crucial role in rental transactions and tax compliance. They are not just a formality but an essential document for both tenants and landlords. Here are the major benefits explained in detail:

Who Needs to Submit a Rent Receipt?

Submitting rent receipts is essential for certain individuals, especially when it comes to tax benefits and compliance. Here’s who needs to submit them:

Salaried Employees Claiming HRA: Employees living in rented accommodation and claiming House Rent Allowance (HRA) under Section 10 of the Income Tax Act must submit rent receipts to their employer. This helps calculate the correct HRA exemption and reduce taxable income.
Individuals Filing Income Tax Returns: If you are self-employed or salaried and claiming deductions for rent paid under Section 80GG, you need valid rent receipts as proof of payment.
For Legal or Rental Disputes: Tenants and landlords may need rent receipts as documented proof in case of any legal verification, for record keeping, or any dispute regarding rental payments.

What is the Process for Submitting a Rent Receipt?

Submitting a rent receipt is a simple process, but it’s essential for employees who want to claim House Rent Allowance (HRA) or maintain proper rental documentation. Here’s how it typically works:

Generate Rent Receipts: Create rent receipts online for the required period using a rent receipt generator or manually. Ensure each receipt includes details like tenant name, landlord name, property address, rent amount, payment date, and mode of payment.
Attach Supporting Documents: Along with the receipts, keep documents such as the rent agreement, landlord’s PAN (mandatory if annual rent exceeds ₹1 lakh), and proof of payment (bank transfer, cheque, or UPI).
Submit to Employer: Upload or submit the receipts and supporting documents through your company’s payroll portal or HR department before the deadline for tax declarations.
Verification and Approval: The employer verifies the receipts and documents to calculate the HRA exemption under Section 10 of the Income Tax Act.

How Much Tax Can Be Saved by Rent Receipt?

Submitting rent receipts allows salaried employees to claim House Rent Allowance (HRA) exemption under Section 10(13A) of the Income Tax Act. The amount of tax you can save depends on your salary structure, rent paid, and city of residence.

The HRA exemption is calculated using the least of the following three amounts:

Actual HRA received from employer
Rent paid minus 10% of the basic salary
50% of basic salary (for metro cities) or 40% of basic salary (for non-metro cities)

Let’s understand this with an example:

Let’s assume Shina is a salaried employee living in Lucknow. Her basic salary is ₹40,000 per month, the HRA received is ₹20,000 per month, and she pays ₹18,000 per month rent for a 2 BHK.

To calculate the HRA exemption, the Income Tax Act says you take the least of these three amounts, which is:

Actual HRA received from employer → ₹20,000 per month
Rent paid minus 10% of basic salary →
- Rent paid = ₹18,000
- 10% of basic salary = ₹4,000
- ₹18,000 – ₹4,000 = ₹14,000 per month
40% of basic salary (since non-metro city) → 40% of ₹40,000 = ₹16,000 per month

Now, compare the three amounts; the least amount is ₹14,000 per month, which is the HRA exemption.

So, for the year: ₹14,000 × 12 = ₹1,68,000 exempt from taxable income.

What does this mean? This means that Shina saves ₹1.68 lakh in tax, which can significantly reduce her tax liability depending on her income slab.

Is it Necessary to Attach a Revenue Stamp on Rent Receipt?

Yes, attaching a revenue stamp on a rent receipt is necessary only under certain conditions. According to the Indian Stamp Act, a revenue stamp is required when the rent payment is made in cash, and the amount exceeds ₹5,000 in a single transaction.

This stamp acts as proof that the transaction has been duly acknowledged and helps make the receipt legally valid. Here is a table to help you better understand when a revenue stamp is needed on a rent receipt:

Payment Mode	Rent Amount	Revenue Stamp Required
Cash	₹5,000 or less	No
Cash	More than ₹5,000	Yes
Cheque / Bank Transfer / UPI	Any amount	No

Where Can I Get Revenue Stamps in India?

Revenue stamps are easily available through authorised sources in India. Here are the common places where you can get them:

Post Offices: Most local post offices sell revenue stamps, making them the most reliable and widely accessible source.
Authorised Stamp Vendors: Licensed stamp vendors operate in many cities and towns that provide revenue stamps. You can find them near courts, government offices, or municipal buildings.
Stationery Shops: Some stationery shops, especially those near government offices, also keep revenue stamps for sale.
Online Platforms: In certain cities, revenue stamps can be purchased through official government portals or e-commerce platforms that deal in legal stationery.

things to know when generating rent receipts online

Things to Remember While Generating Rent Receipts Online

Generating rent receipts online is quick and convenient, but to ensure they are valid and accepted for HRA claims or legal purposes, keep these important points in mind:

Making online rent payments enables easy recording and tracking of transactions
Make sure you ask for a rent receipt with a revenue stamp. This is important for filing ITR
If your monthly rent exceeds ₹ 3000, you need to share rent receipts with the employer to claim exemptions related to HRA
You need to provide your landlord’s PAN details if the annual rent payment exceeds ₹ 1 lakh. If PAN details are unavailable, the landlord needs to provide a declaration along with a filled-out Form 60

The rent agreement needs to be valid. It must have every relevant and crucial detail, namely duration, details of monthly rent, and utility bills
If a rented accommodation is shared among many people, then the details of all the tenants need to be shared, along with the ratio of the division of the payment of rent and other utility bills among them
If a taxpayer is paying a higher amount than what is mentioned in the rent agreement, the calculation of tax exemption is usually based on the rent receipts provided by the employee.

To sum up, a rent receipt is an essential proof of Rent payment. One needs it for claiming tax benefits while filing ITR. Some of the important components of a rent receipt are the names of the landlord and tenant, their signatures, the duration, and the amount of rent. Nowadays, with the advancement of technology, one can quickly generate and download rent receipts from any free online rent receipt generator.

Read Less

FAQs about Rent Receipt Generator

All

Are rent receipts needed for every month?

Yes, if you’re claiming HRA, you typically need rent receipts for each month you’re claiming the exemption. Many employers accept quarterly or half-yearly receipts, but monthly is the safest option, especially if rent is paid monthly.

Is a lease agreement needed along with a rent receipt?

Yes, it is essential to have a lease agreement that has every detail of the rental contract. The essential details that have to be included are lease duration, rent amount, and address of the property. However, one should note that only a rent receipt is required.

Should tenants have car insurance if they park on rented property?

Yes. Tenants are responsible for insuring their vehicles, as rent receipts and rental agreements do not cover car-related risks. Car insurance protects against theft, damage, or accidents on rented premises.

Can both husband and wife claim HRA exemption?

Yes, if both husband and wife pay rent, they can claim HRA exemptions while filing ITR. However, in this case, the landlord must provide separate rent receipts. Additionally, the landlord needs to specify the proportion of the rent amount paid by the husband and wife in the rent receipt.

Is it mandatory to have a rent receipt to claim HRA?

Yes, rent receipts are the primary proof required to claim HRA. Without receipts, your employer may deny the HRA exemption. (For annual rent over ₹1 lakh, landlord PAN is also required.)

How to generate monthly rent receipts online?

You can use Digit’s online rent receipt generator and follow these steps to generate your monthly rent receipts:

Fill tenant, landlord details, and property address.
Add monthly rent, payment date, and payment mode.
Choose monthly/quarterly formats and duration.
Generate, download/print, and keep copies for submission.

What if I forgot to submit rent receipts at the time of declaration?

You can usually submit receipts during proof of submission or request your employer to reopen payroll (depending on company policy). If not accepted by the employer, you can still claim HRA in your Income Tax Return (ITR) directly with valid receipts.

Is Revenue Stamp Required for Rent Receipts?

It is required only for cash payments above ₹5,000 in a single transaction. It is not needed for cheque, bank transfer, or UPI payments.

Is the landlord’s PAN required to claim HRA?

Yes, if your annual rent exceeds ₹1,00,000, the landlord’s PAN must be mentioned on receipts or provided separately. Below this threshold, PAN is usually not mandatory.

What to do if my landlord is refusing to provide a rent receipt?

If your landlord is refusing to provide a rent receipt, you can:

Request a written acknowledgment of payment.
Maintain proof of payment (bank transfer/UPI/cheque).
Use an online generator and ask the landlord to sign.

Why is the PAN of the landlord required?

The PAN of the landlord is required to ensure tax compliance and transparency. For annual rent over ₹1 lakh, PAN helps authorities verify the rental income reported by the landlord and the HRA claim by the tenant.

Why is it important to get a receipt from your landlord?

It is important to get a receipt from your landlord because:

It acts as proof of rent payment.
Required for HRA claims and audits.
It helps avoid disputes and supports legal or verification needs.
It keeps your financial records clean and organised.

Can I claim HRA without a rent receipt?

No, employers require rent receipts to claim HRA. If missed at the payroll stage, you may still claim HRA in ITR using valid receipts and supporting documents, but expect scrutiny if the documentation is weak.

What evidence is required for claiming HRA?

A few documents are required for claiming HRA, which include:

Rent receipts (monthly/quarterly)
Rent agreement (recommended)
Proof of payment (bank transfer/cheque/UPI)
Landlord PAN (mandatory if annual rent > ₹1 lakh)