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of <h1>Composite Rent Taxation: When Building and Asset Letting is Inseparable, Taxed as Business Income or Other Sources.</h1> Composite rent involves the rent from a building and additional assets or facilities. If the letting of the building and other assets is inseparable, the entire composite rent is taxed under 'Profits and gains of business and profession' or 'Income from other sources,' not under 'Income from house property.' If the letting is separable, the building rent is taxed under 'Income from house property,' while the rent from other assets is taxed under 'Profits and gains of business and profession' or 'Income from other sources.' This allocation applies even if the rent is received as a composite sum.
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