Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Q.

Is Revenue Stamp Required for Rent Receipt in Maharashtra?

view 20 Views

1 Answers

1 days

Comment

whatsapp [#222222128] Created with Sketch. Send

An acknowledgement of rent payments given by a tenant to their landlord is a rent receipt. Coming to your query, is revenue stamp required for rent receipt in Maharashtra? Yes, a revenue stamp is required for rent receipts in Maharashtra. I have shared more information on this below.

Is Revenue Stamp Mandatory for Rent Receipt in Maharashtra?

Yes. According to the Indian Stamp Act, 1899, a revenue stamp must be affixed to any receipt where the amount exceeds Rs.5,000. This includes rent receipts for cash payments. The revenue stamp serves as proof of payment and adds legal validity to the receipt.

Here’s how you can get and affix a revenue stamp on your rent receipt in Maharashtra:

  • Purchase the Revenue Stamp from the post office.

  • Place the revenue stamp on the rent receipt in a prominent location.

  • Both the landlord and the tenant should sign across the revenue stamp. This adds legal validity to the receipt.

  • Keep a copy of the signed rent receipt with the revenue stamp for your records.

This process ensures that your rent receipt is legally valid and can be used for any official purposes, including tax deductions. I hope you found this helpful.

Get Paperless Rental Agreement with Aadhar E-Sign with NoBroker Rent Agreement.

Read more

Where to Get Revenue Stamp: Check Out Several Ways

 

Most Viewed Questions

Recently Published Questions

Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners