Home loan interest is claimed under section 24 today. In the Income-tax Act, 2025 the house property deductions are section 22, and the annual value rules absorb the deemed-owner provision.
Quick answer: the mapping
| Income-tax Act, 1961 | Subject | Income-tax Act, 2025 |
|---|---|---|
| 22 | Income from house property — charge | 20 |
| 23 | Determination of annual value | 21 |
| 27 | Deemed owner | 21 |
| 24 | Deductions — standard deduction and interest | 22 |
| 25 | Interest not deductible in certain cases | 22 |
| 25A | Arrears and unrealised rent | 23 |
| 26 | Co-owners | 24 |
| 27 | Interpretation | 25 |
The Income-tax Act, 2025 received Presidential assent on 21 August 2025 and takes effect from 1 April 2026. The Income-tax Act, 1961 continues to govern every tax year up to 31 March 2026, and all assessments, appeals, penalties and prosecutions relating to those years are completed under the old Act by virtue of the repeal and savings provision in section 536. The mapping on this page is drawn from the section-wise concordance published with the Act, including the corrigenda notified in the Gazette on 3 September 2025.
What the 1961 provision did
Sections 22 to 27 of the Income-tax Act, 1961 carried house property taxation: the charge, annual value, the 30% standard deduction and interest deduction, arrears and unrealised rent, co-ownership, and the deemed owner rules in section 27.
Where it sits in the Income-tax Act, 2025
Sections 20 to 25 of the Income-tax Act, 2025 carry the same ground. Section 20 is the charge, section 21 determines annual value and absorbs section 27, section 22 carries the deductions from sections 24 and 25, section 23 covers arrears and unrealised rent, section 24 deals with co-owners and section 25 is the interpretation provision.
What actually changed
- Annual value and deemed ownership merge. Section 21 carries both section 23 and section 27, so who is treated as the owner and how the value is fixed are read together.
- Deductions consolidate. Section 22 carries section 24 and section 25 — the deduction and the restriction on interest in certain cases.
- The section numbers now run lower than the old ones, which is a common source of confusion: house property is sections 20 to 25 in the new Act, not 22 to 27.
What to do about it
- Home loan interest certificates and computation sheets should cite section 22 for tax year 2026-27 onwards.
- Check section 202 — the new regime provision — before claiming the self-occupied interest deduction.
- Co-ownership working papers should cite section 24 of the new Act.
The sections around it in the new Act
Renumbering is easier to absorb in context. The table below lists the neighbouring provisions of the Income-tax Act, 2025 with the 1961 sections each of them carries forward, so you can see where this provision sits and what moved with it.
| New section (2025) | Provision | Corresponding 1961 section(s) |
|---|---|---|
| 20 | Income from house property | 22 |
| 21 | Determination of annual value | 23, 27 |
| 22 | Deductions from income from house property | 24, 25 |
| 23 | Arrears of rent and unrealised rent received subsequently | 25A |
| 24 | Property owned by co-owners | 26 |
| 25 | Interpretation | 27 |
How to read a section mapping
- A corresponding section is not always an identical section. Where several 1961 sections map to one new section, conditions that used to sit apart are now read together.
- Where one 1961 section maps to several new sections, the old provision was split, and each new section carries only part of what you used to cite.
- Some new sections have no 1961 equivalent at all — the registered non-profit code in sections 332 to 355 is the largest example.
- Always cite by year. The Act that applies is decided by the tax year in question, not by the date you are writing on.
This page is a structural mapping guide, not tax advice. A corresponding section is not always an identical section — several provisions were merged, split or re-worded when they were carried over. Always read the actual text of the new section before relying on it, and check for later amendments, rules and CBDT notifications.