People also ask
Is rent a revenue receipt?
If the monthly rent paid in cash exceeds Rs 5,000, then, it is mandatory to affix a revenue stamp on the rent receipt and get it duly signed by the landlord. If the monthly rent is below Rs 5,000, then, there is no need for a revenue stamp even if the rent is paid in cash.
What are the revenue receipts?
Revenue receipts include the proceeds from taxes and other duties levied by the Centre; the interest and dividend it receives on its investments; and the fees and charges the government receives for its services.
Is revenue stamp required for rent receipt in Maharashtra?
A revenue stamp is required to be affixed on rent receipts if cash payment is more than Rs. 5000 per receipt. If rent is paid through cheque then revenue stamp is not required.
How do I make a receipt for rent?
When writing a rent receipt, you should include: The date the payment was received. The tenant's full name. The full name of anyone else who made the payment on behalf of the tenant. The name of the landlord or property manager receiving the payment. The rental property address and unit number.
Is revenue stamp required for rent receipt in Bangalore?
Is revenue stamp necessary for rent receipt in Karnataka? In Karnataka, just like every other part of the country, a revenue stamp is needed to be attached on rent receipts in case cash payment is more than Rs. 5000/\u2013 per receipt. Moreover, a revenue stamp is not needed in case rent is paid through cheque.
printable receipt for rent payment