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Artificial juridical person

CHAITRI SUDHAKARBHAI KHAROD (ARTICLE) (752 Points)

12 January 2020

I want to know examples of AJP and its exact tax rate applicability with brief explanation about AJP....

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4 Replies

CHAITRI SUDHAKARBHAI KHAROD (ARTICLE) (752 Points)
Replied 12 January 2020

Ok....thanks....which tax rate will be applicable to this AJP

CHAITRI SUDHAKARBHAI KHAROD (ARTICLE) (752 Points)
Replied 12 January 2020

Ok.....but here you have given example of society...whether it is different from Co operative society? ?

CHAITRI SUDHAKARBHAI KHAROD (ARTICLE) (752 Points)
Replied 12 January 2020

Ok....Means AJP is the entity which falls neither under category of companies nor persons but has separate juridical identity by law....and slab rate will be applicable....I got it a little bit...but still I am confused because it's really controversial point for me....moreover if co operative society is falling under AOP then why its slab rate format is different??