Sec 24a deduction under new regime applicable ?

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]
Replies (5)
Quick Summary
This discussion clarifies whether the 30% deduction on net annual rent (Sec 24a) and the ₹1 lakh LTCG exemption are available under the new tax regime. The consensus is that both deductions are indeed eligible. This applies to income from house property and capital gains for Assessment Year 2024-25.

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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