business" includes any trade, commerce or manufacture or any adventure or concern in the nature of trade, commerce or manufacture; (13A) "business trust" means ... carrying on of any activity in the nature of trade, commerce or business, or any activity of rendering any service in relation to any trade
professional experience of not less than fifteen years in, international trade, economics, business, commerce, law, finance, accountancy, management, industry, [technology,] public affairs or competition matters ... have special knowledge of, and professional experience in international trade, economics, business, commerce, law, finance, accountancy, management, industry, [technology,] () public affairs or competition matters including
income or receipts may not be characterized as derived from trade, commerce, business
or in relation to such activities, for a consideration .........................................................................................98
(i) Statutory ... Courts, which have held that the carrying on of any
trade, commerce, or business, is not a per se bar or disqualification
clause (13A), the following clause shall be substituted, namely: - '(13A) "business trust" means a trust registered as, - (i) an Infrastructure Investment Trust under the Securities ... carrying on of any activity in the nature of trade, commerce or business, or any activity of rendering any service in relation to any trade
trade, commerce
or manufacture or any adventure or concern in
the nature of trade, commerce or manufacture"
19. The word "Business ... relevant only where a person
carries on trade, commerce, manufacture or
adventure in the nature of trade, commerce
etc. On the facts
contention that it by itself was not involved in trade,
commerce and business was accepted, it was definitely rendering service to
a large number ... traders and industrialists in relation to trade, commerce
and business and was, therefore, hit by the expanded list of activities
contained in the proviso
carrying on
of any activity in the nature of trade, commerce or
business, or any activity of rendering any service
in relation to any trade ... steps or acts
are in an organized manner, akin to any trade, commerce,
business etc., then that activity should be considered as
falling within
activity of the
appellant was in the nature of trade, commerce or business
and hence it cannot be regarded as activity for charitable
purpose ... business per se, but the only
requirement is that the activity is in the nature of business or trade.
The word "Business
subsidy was not a payment for carrying on of any trade, commerce or business; the TV subsidy was given to all State Associations ... carrying on of any activity in the nature of trade, commerce or business or any activity of rendering any service in relation to any trade
assessee is engaged in trade
or commerce or is rendering any service in relation to any
trade and commerce, status and importance of the assessee ... business or commerce". The activities that are undertaken by the
assessee/ entity should be in the nature of trade, commerce or business
