https://www.taxtmi.com/article/detailed?id=11674 Where the essential object of an agreement is exploitation of a business and consideration is a percentage of operating income, payments characterised as profit sharing constitute commercial participation rather than remuneration for permissive use of immovable property, and therefore do not fall within the renting of immovable property service. en-us Mon, 31 Jul 2023 06:54:44 +0530 Mon, 31 Jul 2023 06:54:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11674 Where the essential object of an agreement is exploitation of a business and consideration is a percentage of operating income, payments characterised as profit sharing constitute commercial participation rather than remuneration for permissive use of immovable property, and therefore do not fall within the renting of immovable property service. Articles Customs - Import - Export - SEZ Mon, 31 Jul 2023 06:54:44 +0530 https://www.taxtmi.com/article/detailed?id=11674