06 February 2010
In Case the Rent is Below Rs.3000 p.m then no rent receipts are required, declaration is sufficient. If rent is more than Rs.5000 p.m then Quarterly rent recipt is sufficient. Also if paid in cash then, revenue stamp of Rs 2 is required. If rent is more than Rs.10000 p.m thne PAN no. of the Owner is also required.