Respondent Not a Body Corporate: No Banking Services u/s 65(105)(zm), Clarified by 2006 Board Circular. https://www.taxtmi.com/highlights?id=70634 Body corporate - corporate guarantee commission - The respondent does not fit in the definition of body corporate because they are not engaged in providing banking services and this issue has been clarified by the board circular dated 04.07.2006 wherein it has been clarified that the word ‘any other person” in Section 65(105)(zm) has to be read with principle of ejusdem generis with the preceding words. - AT en-us Thu, 29 Jun 2023 09:29:07 +0530 Thu, 29 Jun 2023 09:29:07 +0530 TaxTMI RSS Generator Respondent Not a Body Corporate: No Banking Services u/s 65(105)(zm), Clarified by 2006 Board Circular. https://www.taxtmi.com/highlights?id=70634 Body corporate - corporate guarantee commission - The respondent does not fit in the definition of body corporate because they are not engaged in providing banking services and this issue has been clarified by the board circular dated 04.07.2006 wherein it has been clarified that the word ‘any other person” in Section 65(105)(zm) has to be read with principle of ejusdem generis with the preceding words. - AT Highlights Service Tax Thu, 29 Jun 2023 09:29:07 +0530 https://www.taxtmi.com/highlights?id=70634