Whether house rent allowance specified u/s 10(13a) of income

Hi , I am of the opinion that in applying the provision of section 10(13A)  . there is no such requirement of applying of periodical basis , as for calculation of limit we need to consider only the hra received during the period and salary for that period.

Since the factors like

              (A) Rent

              (B) Place of Location

              (C) HRA recieved

              (D) Salary

changes we have to calculate on monthly basis

HRA exemption calculation is dependent on Four variable.

1. House rent allowance received
2. House rent paid
3. Salary
4. Location of the house.

• 1.House Rent allowance (HRA) received.
• 2.50% of salary in case of residential accommodation taken on rent is situated in Bombay ,Calcutta ,Delhi, or Madras (Chennai) and 40 % of salary in in any other case.
• 3.Rent paid in excess of 10 % of salary.

HRA exemption calculation is depended on four variable as shown above,if all of these remains same in a year then you can calculated it on yearly basis otherwise for each set of of variable ,you have to do separate calculation .suppose DA is changed then you have to calculate separate calculation