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House Rent Receipt for Tax Purposes

1) The document is a receipt for house rent paid by an employee to their landlord. It provides details of the tenant, amount of monthly rent, rental period, and signatures of the landlord. 2) The second section is a joint declaration by co-owners of a property who took a joint home loan. It details the loan amount and terms, construction completion date, ownership ratio, repayment amounts, and tax benefits being claimed. 3) The receipt and declaration are related as they both pertain to tax documentation for a rental property and jointly owned home that was purchased with a home loan.

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82 views2 pages

House Rent Receipt for Tax Purposes

1) The document is a receipt for house rent paid by an employee to their landlord. It provides details of the tenant, amount of monthly rent, rental period, and signatures of the landlord. 2) The second section is a joint declaration by co-owners of a property who took a joint home loan. It details the loan amount and terms, construction completion date, ownership ratio, repayment amounts, and tax benefits being claimed. 3) The receipt and declaration are related as they both pertain to tax documentation for a rental property and jointly owned home that was purchased with a home loan.

Uploaded by

wardenadambay
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
  • Receipt of House Rent
  • Joint Declaration

RECEIPT OF HOUSE RENT

(Under Section 10 (13-A) of INCOME TAX ACT)

Note: PAN of said Land Lord is:……………….…………….


( if aggregate payment during the previous year exceeds rupees one lakh)

Note: 5% TDS by employee in March of FY, if rent paid exceeds Rs.2.40 lakh/pa.
(Attached copy of TDS Challan remitted by employee)

***

Received a sum of Rs………………….

(Rupees…………………………………………………………………….. only towards the house

rent from …………………………………………………. Working in Kendriya Vidyalaya

…………………………………….

He/She is paying house rent Rs………………. per month from ……………….. to

……………………. (covering period 1st April to 31st March ) in respect of House

No…………………………………………. situated at

……………………………………………………………………………………….

Dated:

Place: Signature of house owner


(Revenue stamp)

Name of house owner:………………………………………….

Address:………………………………………..

………………………………………………

………………………………………………..

Note: i. those drawing house rent allowance up to Rs.3000/-pm will be exempted from production
of rent receipt.
ii. house rent allowance granted to an employee who is residing in a house/flat owned by him is
not exempt from income tax.
JOINT DECLARATION
(FOR Tax benefits on a joint home loan by all the joint owners)
***
We, 1)…………………………………………….. working as …………..………………………
at Kendriya Vidyalaya No.1 Tirupati; and 2) …………………………….….………….…….
Homemaker/ working as …………………………………… at ……………..…………………
hereby declare that:

1. We have availed joint home loan, spouse being my husband/wife as co-borrower of Home
Loan A/c No……………………………… from ……………………………… Housing
Financial Institution……………………….. for Rs………. on ………………………. for
House/Flat No…………………………………………. and EMI commenced from the month
of…………………….(Principal amount Rs.1.5 L benefit of EMI is allowed only from the date of
possession after completion)

2. Construction of the said house was completed/taken possession on ……………… during


the financial year………….…. (Interest benefit for self occupied is only from the date of
completion & upto Rs.2.0 L is only for 5 years from the end of FY in which borrowed, otherwise
only Rs.30,000);(For let-out property, full interest allowed even if construction is delayed)

3. We are residing at the said self occupied housing property situated at


…………………………….

4. We are co-owners of the said self occupied property at the ratio of …………. as per registered
property document.

5. We have repaid an amount of Rs…………@Rs…………. EMI for the financial year


…………… towards housing loan, as per Provisional/Final Certificate dated…………

6. We claim the total amount repaid on the housing loan as allocated to the owners in the
ratio of our ownership for Tax benefit: (Limited to provisions of [Link].1 & 2)
Details Total amount Self (Share: ) Spouse (Share: )
repaid Rs. Rs. Rs.
Principal amount (U/s 80C)

Interest amount (U/s 24B)

Total

Signature of Co-borrower Signature of Co-borrower


& Co-owner (1) & Co-owner (2)
Name: Name:
Employed at: Employed at:

Address: Address:

Dated: Dated:

RECEIPT OF HOUSE RENT (Under Section 10 (13-A) of INCOME TAX ACT) Note: PAN of said Land Lo
JOINT DECLARATION (FOR Tax benefits on a joint home loan by all the joint owne

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