Rent Receipt
A Rent Receipt is an official document provided by a landlord to a tenant as proof of rent payment. It includes essential details like the tenant’s name, landlord’s name, rent amount, payment date, and the rental period covered.
In India, Rent Receipts serve important purposes such as:
Providing evidence of timely rent payment
Helping tenants claim tax benefits on rent paid (under Section 80GG of the Income Tax Act)
Avoiding disputes between landlords and tenants
Rent Receipts can be handwritten, printed, or digital. For legal validity, they should be signed by the landlord and ideally include the landlord’s contact details.
Why You Need One:
A Rent Receipt protects both parties, ensuring transparency and building trust in the rental agreement.
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