https://www.taxtmi.com/article/detailed?id=1359 Where an owner lets property primarily to derive fixed rent and does not render significant services or participate in the tenant's business, receipts retain the character of income from house property. Minor incidental services do not convert property receipts into business income. If letting is not a temporary adjunct to the lessor's own business and the lessor neither operates the enterprise nor provides substantial facilities beyond possession, the rent is taxable as income from house property rather than business profits. en-us Sat, 16 Jul 2011 11:47:51 +0530 Sat, 16 Jul 2011 11:47:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1359 Where an owner lets property primarily to derive fixed rent and does not render significant services or participate in the tenant's business, receipts retain the character of income from house property. Minor incidental services do not convert property receipts into business income. If letting is not a temporary adjunct to the lessor's own business and the lessor neither operates the enterprise nor provides substantial facilities beyond possession, the rent is taxable as income from house property rather than business profits. Articles Income Tax Sat, 16 Jul 2011 11:47:51 +0530 https://www.taxtmi.com/article/detailed?id=1359