Deductions not allowed under the New Tax Regime

Published : 20 Feb 2023

Deductions under Chapter VI-A, such as those under Sections 80C; 80CCC; employee contribution u/s 80CCD; 80D; 80DD; 80DDB; 80E; 80EEA except those under 80CCD(2) and 80JJAA.

Interest incurred on home loan (Section 24b); Leave travel concession; House rent allowance;

• Allowance for income of minor; • Standard deduction; • Deduction for entertainment allowance;

• SEZ unit exemption; • Deductions under sections 32AD, 33AB, 33ABA; • Deduction for donation or expenses in scientific research;

• Deductions under sections 35AD and 35CCC • Deduction from family pension.

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