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Composite Rent

Income Tax - House Property Income - 02 - The owner of a property may sometimes receive rent in respect of building as well as - Other assets like furniture, plant and machinery For different services provided in the building e.g. Lifts, Security, Power backup The amount so received is known as . TAX TREATMENT OF In case of In case of for residential building including charges for different services like lift, AC etc. or for commercial building including other assets like furniture, plant & .....

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