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Which all deductions are not allowed in new tax regime?
Which all deductions are not allowed in new tax regime?
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Deductions such as those under Sections 80C, 80D, 80E, interest on home loans (Section 24b), leave travel concession, house rent allowance, standard deduction, deduction for entertainment allowance, SEZ unit exemption, and various other deductions under Sections 32AD, 33AB, 33ABA, 35AD, and 35CCC are not permitted .