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Designation of Real Estate Agents as persons carrying on designated businesses or professions with turnover threshold after prior notification rescinded. The Central Government rescinds Notification No. 8/2017 and notifies Real Estate Agents who provide services in relation to sale or purchase of real estate and meet the prescribed annual turnover threshold as persons carrying on designated businesses or professions under the Prevention of Money laundering Act, subject to a savings clause preserving prior acts or omissions.
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Provisions expressly mentioned in the judgment/order text.
Designation of Real Estate Agents as persons carrying on designated businesses or professions with turnover threshold after prior notification rescinded.
The Central Government rescinds Notification No. 8/2017 and notifies Real Estate Agents who provide services in relation to sale or purchase of real estate and meet the prescribed annual turnover threshold as persons carrying on designated businesses or professions under the Prevention of Money laundering Act, subject to a savings clause preserving prior acts or omissions.
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