“Business Entity” means any person ordinarily carrying out any activity relating to industry, commerce or any other business or profession
Querist :
Anonymous
Querist :
Anonymous
(Querist)
01 April 2013
Sir This definition i also read from the book. The question is whether the function of the educational institution can be construed as " any activitity relating to industry, commercem or any other business or profession. If so whether reverse charge mechanism is also applicable?