https://www.taxtmi.com/caselaws?id=797003 Composite letting principles treat receipts for ancillary amenities, furniture and fixtures as income from house property where the facilities are contractually inseparable from, co-terminus with and incapable of independent enjoyment apart from the commercial premises. Separate agreements or apportioned consideration do not change that character where the dominant intention is to enable beneficial occupation; the statutory deduction for house-property income consequently applies. Interest on refinanced borrowings remains deductible where records trace the refinancing to earlier loans used to acquire the property. Continued borrowing from the original lender is not required, although limited verification of fund utilisation and arithmetic may be necessary. en-us Tue, 04 Aug 2026 00:00:00 +0530 Fri, 14 Aug 2026 07:18:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797003 Composite letting principles treat receipts for ancillary amenities, furniture and fixtures as income from house property where the facilities are contractually inseparable from, co-terminus with and incapable of independent enjoyment apart from the commercial premises. Separate agreements or apportioned consideration do not change that character where the dominant intention is to enable beneficial occupation; the statutory deduction for house-property income consequently applies. Interest on refinanced borrowings remains deductible where records trace the refinancing to earlier loans used to acquire the property. Continued borrowing from the original lender is not required, although limited verification of fund utilisation and arithmetic may be necessary. Case-Laws Income Tax Tue, 04 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797003