Income tax
This query is : Resolved
07 January 2015
https://www.incometaxindiapr.gov.in/incometaxindiacr/contents/DTL2011/wpsec2(31).htm
08 January 2015
Link given by above expert is not working.
Correct link is:
https://www.incometaxindiapr.gov.in/incometaxindiacr/contents/DTL2011/wpsec2%2831%29.htm
Definition of “person”-Section 2(31) of the Income Tax Act 1961:
“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.
Explanation: For the purposes of this clause, an association of persons or a body of individuals or a local authority or an artificial juridical person shall be deemed to be a person, whether or not such person or body or authority or juridical person was formed or established or incorporated with the object of deriving income, profits or gains.
Correct link is:
https://www.incometaxindiapr.gov.in/incometaxindiacr/contents/DTL2011/wpsec2%2831%29.htm
Definition of “person”-Section 2(31) of the Income Tax Act 1961:
“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.
Explanation: For the purposes of this clause, an association of persons or a body of individuals or a local authority or an artificial juridical person shall be deemed to be a person, whether or not such person or body or authority or juridical person was formed or established or incorporated with the object of deriving income, profits or gains.
08 January 2015
new Link is provided can refer this :
https://www.youtube.com/watch?v=O-tnstaj6-M
https://www.youtube.com/watch?v=O-tnstaj6-M
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