Section mapper · House property and home loans
Section 26 of the Income-tax Act, 1961 is now
section 24 of the Income-tax Act, 2025
A jointly owned house — how co-owners are taxed.
- Was
s.26, Income-tax Act, 1961 (repealed)- Is now
s.24, Income-tax Act, 2025- In force from
What changed
Renumbered. Section 24 keeps the rule that co-owners with definite and ascertainable shares are not assessed as an association of persons: each share is computed separately, and the self-occupied relief in section 21(6) is applied as if each co-owner were individually entitled to it.
Where this comes from
Read from incometaxindia.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
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- s.80EE → s.130 — Extra home loan interest deduction for first-time buyers (2016-17 loans)