House-property calculator
NAV = gross rent − municipal taxes paid. Income = NAV − 30% standard deduction − loan interest. Self-occupied: NAV is nil; interest deductible up to ₹2,00,000 under the old regime; nil under the new regime. Let-out losses can offset other heads only up to ₹2,00,000 (old regime) and are barred under the new regime.
Result
- NAV (gross rent − municipal taxes): ₹0
- s.24(a) standard deduction (30%): ₹0
- s.24(b) interest allowed: ₹0 (capped at ₹2,00,000)
House-property income: ₹0
How we calculate this
Source: Income Tax Department — 2026-27 bracket schedule.
Last reviewed:
| Band | Rate |
|---|
- NAV = gross rent − municipal taxes paid by owner [s.23].
- Standard deduction = 30% of NAV [s.24(a)].
- Interest on borrowed capital [s.24(b)]: full for let-out; for self-occupied capped at ₹2,00,000 (old) / nil (new).
- House-property loss set-off vs other income capped at ₹2,00,000 (old) [s.71(3A)]; barred under new regime.
NOT financial advice - seek advice from a professional for your specific situation
Read the matching guide: House property →
Last reviewed: