Composite Rent
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....ssets 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 "Composite Rent". TAX TREATMENT O....
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....ial building including other assets like furniture, plant & machinery etc. * and these two letting are not separable THEN RENT RELATED TO THEN ENTIRE RENT RELATED TO * Building is to be assessed....