16 December 2013 please use google "condominium " is a status "like AOP co etc, "person" but not accepted in india under income tax act nor it has any legal act controlling it

himanshi

himanshi (Querist)
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16 December 2013 please use google "condominium " is a status "like AOP co etc, "person" but not accepted in india under income tax act nor it has any legal act controlling it. but people have started to form it in notion to avoid tax........which is PRACTICALLY NOT ACCEPTABLE.....hence i want to know if any one have come across such a situation and had taken steps

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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16 December 2013 then it will be covered under artificial jurisdictional person under sec 2- def of person.

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