Income Tax On Rental Income Under the New Tax Regime: Step-by-Step Calculation with Example, Deductions & FAQs
Mr. Sharma is a salaried employee working in a private company in Delhi. He purchased a residential flat by taking a home loan and rented out the property. During the financial year 2025-26, he received Rs. 5 Lakh as rental income from the said property and paid Rs. 1.5 Lakh as interest on the home […]