TMI BlogNature of activity - business or not - activity of the applicant i.e. collecting contributions and...Nature of activity - business or not - activity of the applicant i.e. collecting contributions and spending towards meeting and administrative expenditures only - contributions from the members - The amendment to Section 7 (mentioned above) clearly treats the applicant and its member as two different persons where there is a supply of services from the applicant to its members and thus as per the applicant’s own submission that two different persons have been envisaged in the law to tax a transa..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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