Income Tax Act 1961 vs Income Tax Act 2025 | Deduction vs Rebate vs Relief Complete Comparison | 80C to 91 Explained If you want structured Income Tax learning, comment “MASTER”. This 60-minute masterclass explains the complete framework of Chapter VI-A deductions, rebate and relief provisions under the Income Tax Act 1961 and the New Income Tax Act 2025. In this detailed session, CA Devesh Thakur covers: ✔ Meaning of Gross Total Income (GTI) ✔ Section 80A framework and basic rules ✔ Section 80C

Day 7/15 – Income Tax Act 2025 Series Gross Salary ≠ Taxable Salary. And under the New Income Tax Act, 2025, deductions don’t vanish—they’re claimed differently. In today’s post, I’ve explained: ✔️ What must be included in Gross Salary ✔️ How deductions are claimed under the New Act ✔️ Key comparison with Income Tax Act, 1961 🔹 Deductions Covered (New Act 2025): • Professional Tax • Standard Deduction • Gratuity (Govt / Non-Govt / Defence) • Commuted Pension • Pension from Specified Funds • Ret