Draft of rent agreement for Paying Guest (HRA benifit)

Mr. Sudhir,

Please go through the attached file.

Kindly make the Necessary amendments / modifications where ever required to suit your requirement.

Originally posted by : Rachit
	Mr. Sudhir, Please go through the attached file. Kindly make the Necessary amendments / modifications where ever required to suit your requirement.

Hi Rachit, 

Thanks for the reply. I checked the same. It is draft document for leave and license agreement where owner gives the complete propety to the tenant. In my case it is P.G. accomodation case where My owner is staying with me, we are sharing a flat. I am a paying guest to him.

thanks,

Sudhir

Dear Sudhir,

For claiming Exemption of HRA, Rent agreement is not necessary, what is required is rent receipts...

EVEN FOR RENT RECEIPTS NO FORMAT IS PRESCRIBED,

"Received with thanks from Mr. XYZ, a cheque. of Rs. 10,000/- dated 02.02.2010 drawn on ABC Bank, as a rent for letting out of the property situated at ....................for the period of Feburary 2010.

        S/d

Owner/ Landlord"