Landlords looking to protect themselves from disputes and potential lawsuits should consider giving each tenant a rent receipt after every payment. One critical issue is how different states legislate ...

If you manage a rental property, you should give a tenant a receipt when he makes a rental payment. According to Nolo, an online legal resource, many states require landlords to provide rent receipts.

ClearTax, an e-filing income tax return portal, recently launched a service for automated generation of rent receipts that individuals can use to claim house rent allowance (HRA). This facility helps ...

House Rent Allowance (HRA) is one of the key components of your annual salary package, but you will be surprised to know that not all of it is exempt from tax liability. There are specific conditions ...

If the Income Tax Department detects discrepancies in deductions claimed for house rent, erring taxpayers could be fined up to 200 per cent of the total tax liability. To avoid any run-ins with the ...

Q: My tenant wants to pay her rent each month in cash, which is OK with me. However, she wants me to give her a receipt. Do I have to give her a receipt just because she pays cash? A: Yes. The ...

We have been living in our new apartment for a year. The rent is paid via bank transfers or through the KNET. Suddenly, our landlord has stopped issuing rent receipts to us for the past 3 months.