For claiming HRA exemptions it is mandatory to submit Rent Receipts to the employer. Here you can generate your House Rent Receipts online for FREE in required India format. Without downloading to your system, print the reciept and submit to Your Office / employer to claim HRA exemption from Your gross income. Here you can create or generate printable multiple Rent Receipts for the full term period selected as per your frequency of rent payment viz. monthly, quaterly, half yearly and yearly.
The amount of HRA exemption is deductible from the total income before arriving at a taxable income. This helps the employee in saving tax. As per the Income Tax Rules / Provisions the HRA received is fully taxable if an employee is living in his own house or if he does not pay any rent.
Note - PAN of landlord is not mandatory to generate the Rent Reciept. However, PAN of landlord is required to quote to claim HRA exemption in Rent Receipt if rent exceeds Rs.8333/- per month (Rs.100000/- annually) as per Income Tax Provisions. In case landlord does not have PAN, declaration of the same is required from the landlord. Please click here to Download Declaration Form Fillable Format.