Partial reverse charge mechanism

Originally posted by : Rakesh
	Whether a Society registered under Societies Registration Act will be treated as Body Corporate under Companies Act 1956 for the purpose of Partial Reverse charge mechanism.

Sub-section (7) of Section 2 of the Companies Act, 1956 defines a Body Corporate or Corporation as follows:-
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“Body Corporate” or “Corporation” includes a company incorporated outside India but does not include---
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(a) a corporation sole;
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(b) a co-operative society registered under any law relating to co-operative societies; and
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(c) any other body corporate (not being a company as defined in this Act), which the Central Government may, by notification in the Official Gazette, specify in this behalf.