Tax treatment of services by individual Direct Selling Agents amended to include supplies to banks and NBFCs. The notification inserts serial 11 covering services supplied by individual Direct Selling Agents (DSAs) other than bodies corporate, partnerships or LLPs to a banking company or a non-banking financial company located in the taxable territory, and adds an Explanation defining 'renting of immovable property' to include allowing access, occupation, use or similar arrangements, with or without transfer of possession or control.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tax treatment of services by individual Direct Selling Agents amended to include supplies to banks and NBFCs.
The notification inserts serial 11 covering services supplied by individual Direct Selling Agents (DSAs) other than bodies corporate, partnerships or LLPs to a banking company or a non-banking financial company located in the taxable territory, and adds an Explanation defining "renting of immovable property" to include allowing access, occupation, use or similar arrangements, with or without transfer of possession or control.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
