Exemption scope clarified for renting of residential dwelling by proprietors; separate entry removed with retrospective effect. The amendment inserts an explanation clarifying that the exemption for renting of residential dwelling applies where the registered person is a proprietor who rents the dwelling in his personal capacity for use as his own residence, and where the renting is on his own account and not that of the proprietorship concern. The amendment also omits entry 23A and provides that these changes are deemed to have come into force from the first day of January, 2023.
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Provisions expressly mentioned in the judgment/order text.
Exemption scope clarified for renting of residential dwelling by proprietors; separate entry removed with retrospective effect.
The amendment inserts an explanation clarifying that the exemption for renting of residential dwelling applies where the registered person is a proprietor who rents the dwelling in his personal capacity for use as his own residence, and where the renting is on his own account and not that of the proprietorship concern. The amendment also omits entry 23A and provides that these changes are deemed to have come into force from the first day of January, 2023.
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