Is 30% standard deduction on rent available in new tax regime?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(166946 Points)
Replied 24 July 2022
Yes, 30% SD available u/s. 24 of the act, but the net loss if any is not allowed for set off in New regime.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
