Is the 30% standard deduction available on rental income?

For let-out and deemed-let-out property, the calculator applies 30% of net annual value. Self-occupied property has nil annual value and does not receive this 30% deduction.

Can home-loan interest be deducted in the new tax regime?

For a self-occupied property, Section 24(b) interest is not allowed under the new tax regime. For a let-out property, actual interest is deductible, but a house-property loss cannot be set off against other heads or carried forward under the modeled new-regime rule.

Tax / India

House Property Tax Calculator

Estimate taxable rental income or self-occupied house-property income, including Section 24(a) and 24(b) treatment.

Property & tax rules

Select how the property is used and which regime you are modeling.

FY 2026-27

Property typeTax regimeAnnual home-loan / housing-loan interestEnter interest on borrowed capital for the tax year. This is interest, not principal repayment.Loan purposeLoan taken on or after 1 April 1999?Purchase / construction completed within 5 years?Relevant to the ₹2 lakh self-occupied acquisition/construction limit.Other income available for current-year house-property loss set-offUsed only to show the old-regime ₹2 lakh current-year set-off capacity.Arrears / subsequently recovered unrealised rent30% of such rent is allowed as a deduction in the year it is received/recovered.

How it works

House-property income

Let-out property starts from gross annual value, deducts qualifying municipal taxes, then 30% standard deduction and Section 24(b) interest. Self-occupied property has nil annual value; only qualifying interest can create a loss under the old regime.

For let-out property, expected rent and actual rent are simplified user inputs; complex rent-control and fair-rent evidence is not independently verified.
Only qualifying home-loan interest is modeled. Principal repayment, Section 80C and lender-specific fees are separate from this calculator.
The loss carry-forward display assumes the loss is eligible and tracks a single current-year balance; it does not maintain separate historical loss-year lots or calculate multiple-property household limits.

Official references

Verify the exact provisions that apply to your property and loan.

Income Tax Department: Let-out House Property ↗Income Tax Department: New vs Old Tax Regime FAQs ↗Income Tax Department: AY 2026-27 deductions ↗

Is rental income taxed on the full rent received?

Not generally. For let-out property, the tax computation uses gross annual value, qualifying municipal taxes, a 30% standard deduction and eligible home-loan interest.

What happens to a house-property loss?

Under the old regime, up to ₹2 lakh can generally be set off against other heads in the year, with eligible remaining loss carried forward subject to the applicable rules. Under the new regime, the modeled let-out loss cannot be set off against other heads or carried forward.

Educational estimate only. House-property taxation can depend on ownership, loan documents, rent-control rules, vacancy facts and other facts not captured here.