Exemption for residential renting clarified: proprietor's personal renting qualifies when made on own account, amendment takes effect. The notification clarifies that the exemption for renting of residential dwelling covers a registered person who, though proprietor of a proprietorship concern, rents the dwelling in his personal capacity for use as his own residence, and only where such renting is on his own account and not that of the proprietorship concern; additionally, S. No. 23A and its entries are omitted and the amendment takes effect from the 1st day of January, 2023.
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Provisions expressly mentioned in the judgment/order text.
Exemption for residential renting clarified: proprietor's personal renting qualifies when made on own account, amendment takes effect.
The notification clarifies that the exemption for renting of residential dwelling covers a registered person who, though proprietor of a proprietorship concern, rents the dwelling in his personal capacity for use as his own residence, and only where such renting is on his own account and not that of the proprietorship concern; additionally, S. No. 23A and its entries are omitted and the amendment takes effect from the 1st day of January, 2023.
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