Exemption on hra

What is the duration of exemption of hra in a financial year, when it starts from 1st April or 1st March
Replies (3)
Quick Summary
The exemption for House Rent Allowance (HRA) is applicable for the entire financial year, running from April 1st to March 31st. To accurately calculate your HRA exemption, it's best to consider it on a monthly basis. This accounts for potential variations in salary, such as increments or loss of pay, as well as any changes in rent paid throughout the year.

Same as that of FY.

1st April..
HRÀ can avail for Financial Year i.e. 1st April to 31st March.

Calculate on rent paid & HRÀ received monthly basis
Hmm.Monthly basis calculation give the accurate figure since there may be chance of variation in salary like increment,Loss of pay and increment in rent etc

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