Co-op society a person ? Under which status it is assessed?

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shibu

shibu (Querist)
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24 November 2016 plz reply

Amol S Joglekar

Amol S Joglekar (Expert)
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24 November 2016 It is taxed under AOP
"person" includes—
(i) an individual,
(ii) a Hindu undivided family,
(iii) a company,
(iv) a firm,
(v) an association of persons or a body of individuals, whether incorporated or not,
(vi) a local authority, and
(vii) every artificial juridical person, not falling within any of the preceding sub-clauses.

shibu

shibu (Querist)
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24 November 2016 among above 7 category, which one?

shibu

shibu (Querist)
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24 November 2016 AOP ? plz give some reference

Amol S Joglekar

Amol S Joglekar (Expert)
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24 November 2016 in ITR 5 select...co operative society under "status"

shibu

shibu (Querist)
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24 November 2016 ok..but not AOP and not in ' person '

Amol S Joglekar

Amol S Joglekar (Expert)
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25 November 2016 What do you mean by that?
As per Law it is AOP.
For Practice, in ITR 5, under status......various options are given.....for co operative society, you have to select the same.
What else you want now?

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