ClearTax launches rent receipt tool
Online tax filing portal ClearTax has informed that it has introduced a rent receipt application to help people living in rented accommodations.
New Delhi : Online tax filing portal ClearTax has informed that it has introduced a rent receipt application to help people living in rented accommodations. The government provides tax benefit to the people living in rented places. "ClearTax has launched the ClearTax Rent Receipt Generator. The free-to-use product automates the generation of rental receipts and assists individuals in submitting their House Rent Allowance proofs to their employers," it said in a release.
The users can enter the required details like name, rent amount, address, landlord's name and PAN card details and the duration for which the receipts are to be generated. "The Rent Receipt Generator is a product launched as a simple yet effective tool to aid individuals in filling their HRA proofs and claiming the tax benefits associated with it. "It will aid individuals greatly by saving time and minimising the duplication of effort," said Archit Gupta CEO and Founder of ClearTax.