Doubling Season, due to it's odd templating, has odd interactions with things like
Gemstone Mine and
Hooded Hydra which add counters in ways that aren't “effects.”
My question is, is the action returning a permanent to play after a
Banishing Light considered an “effect”? I'm not sure if Banishing Light actually
puts the permanent into play, or if Light merely stops keeping the card exiled and the
game rules bring it back to the battlefield. Will the counters on, say, a Planeswalker, if the Light that's banishing it dies while a Doubling Season is on the field?