• Regarding Section 269ST of Income Tax Act

Dear Sir,
              I am in Trichy.  I have a doubt  in , Circular  issued by the Income Tax Department, Dated  3rd   July  2017 ,  Circular  No. 22 of 2017 ,   Regarding  restricting  cash transaction  -   Sec 269 ST
 In  this circular , it is said that,   
 “ receipt  in  the  nature  of  repayment  of  loan by NBFC or  HFCs , the  receipt  of  one instalment of  loan repayment in respect of a loan shall constitute a  ‘ SINGLE TRANSACTION’  as  specified in clause (b) of section 269ST of the Act  and  all the  instalments  paid  for  a  loan shall not be aggregated for the purposes of determining applicability  of  the  provisions  section  269ST ” .   
My question is,  Non Banking Finance Company (NBFC) includes ,   
1.	A company incorporated under companies act 1956, and also registered with Reserve Bank Of India and  doing Money Lending Business.

2.	Private Persons ,  Stating  their  Business  as  Money Lending in Income Tax department and Paying Tax . 
    
eagerly waiting for a answer sir,

ThankYou Very Much