Section mapper · House property and home loans
Section 24 of the Income-tax Act, 1961 is now
section 22 of the Income-tax Act, 2025
House property deductions — the 30% standard deduction and home loan interest.
- Was
s.24, Income-tax Act, 1961 (repealed)- Is now
s.22(1)(a) and s.22(1)(b), Income-tax Act, 2025- In force from
What changed
Renumbered. Section 22(1)(a) is the 30% of annual value; section 22(1)(b) is the interest on borrowed capital that was section 24(b).
Our CTC to in-hand calculator applies this provision, and cites the 2025-Act number beside the figure it produces.
Where this comes from
Read from egazette.gov.in on , and re-checked against the enacted Income-tax Act, 2025 (Act No. 30 of 2025, assented 21 August 2025, in force 1 April 2026). This dataset is re-verified quarterly. The whole method is on our methodology page.
Sections people look up next
- s.24(b) → s.22 — Home loan interest deduction
- s.22 → s.20 — Income from house property — what gets taxed under this head
- s.23 → s.21 — Annual value of a house — how the taxable rent is worked out