Is the deduction of 30% of net annual rent received available under the new tax regime ?
[ income from house property]
and what about LTCG exemption of 1L
[income from capital gains]
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Sec 24a deduction under new regime applicable ?
Replies (5)
New regime option was introduced from last assesment year. But this year,the same had been emphasized on the basis of bringing more revenues.
Yes, both deductions eligible under new tax regime.
Thank you Dhirajlal Sir
Most welcome...
Is 30% rebate and tax rebate available on rent receipt for AY 24-25 FY 23-24 in new regime
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