Exemption for residential rent clarified: proprietors renting personal residence exempt when renting in personal capacity, and related entry removed. Amendment inserts an explanation to S. No. 12 limiting the exemption for renting of residential dwelling to a registered person who is a proprietor renting the dwelling in his personal capacity for use as his own residence and where such renting is on his own account and not that of the proprietorship concern; additionally, S. No. 23A and related entries are omitted, with the amendments taking effect from the notified date.
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Provisions expressly mentioned in the judgment/order text.
Exemption for residential rent clarified: proprietors renting personal residence exempt when renting in personal capacity, and related entry removed.
Amendment inserts an explanation to S. No. 12 limiting the exemption for renting of residential dwelling to a registered person who is a proprietor renting the dwelling in his personal capacity for use as his own residence and where such renting is on his own account and not that of the proprietorship concern; additionally, S. No. 23A and related entries are omitted, with the amendments taking effect from the notified date.
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