Co-op society a person ? Under which status it is assessed?
This query is : Resolved
Amol S Joglekar
(Expert)
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.
"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.
Amol S Joglekar
(Expert)
24 November 2016
in ITR 5 select...co operative society under "status"
Amol S Joglekar
(Expert)
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?
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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