Tax treatment of composite rent

If assessee earns income from letting out property as well as for providing furniture and assets

and for providing service then it is composite rent Its tax treatments are:-

–(a) If such income is divisible – the income from property is taxable as income from house property.

The income from assets and other services is taxable as income from other source.

(b) If such income is not separable then all income is taxable as income from other source.

(c) If letting out of asset is a condition for letting out of the house i.e., if letting out of house is not

possible without letting other assets and incomes are separable OR not separable then income is

taxable either as business income or income from other sources.