banner_ad

Exemptions under New Tax Regime

ITR 1048 views 2 replies

Dear Experts ,

Can you pls share what are the list of exemptions under new tax regime , beside 10(10AA) - Leave Encashment , 10(10C) - Voluntary Retirement Compensation and Section 10(10)  - Gratuity ?

is there any exemptions u/s 10 or any other section , that can be mentioned under OTHERS ?

Best Regards

Replies (2)

Some of the exemptions under Section 10 include:

10(1) - Agricultural income 

102)- Amount received by a member from HUF

10(7)- Perquisites/ allowances for employees posted abroad

10(13A) - House Rent allowance (HRA)

10(17)-Allowances for MPs/MLAs

10(32)- Income of minor child clubbed with parent's income (exemption limit)

Other sections providing exemptions include: Section 54 - Exemption on capital gains from sale of residential house

Section 54F-/Exemption on capital gains if invested in a residential house.

Thanks Rama Ji ,

any other section that covers medical expenses and school fees/donations in the new tax regime pls ? ?

I also heard NTR also allows these below exemptions ? can you pls confirm ?

10(12) - employer EPF contribution 
10(10B) - retrenchment compensation

Regards


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details