Artificial juridical person

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752 Points Posted on 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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On 12 January 2020 at 15:45 Report
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This discussion explores the concept of Artificial Juridical Persons (AJP), entities with a separate legal identity that are neither companies nor individuals. It clarifies that AJP are subject to slab tax rates. Examples such as societies are discussed, with a particular focus on differentiating them from cooperative societies and understanding why cooperative societies, despite potentially falling under AJP, have a different slab rate structure.

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752 Points Posted on 12 January 2020
Ok....thanks....which tax rate will be applicable to this AJP
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On 12 January 2020 at 15:52
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752 Points Posted on 12 January 2020
Ok.....but here you have given example of society...whether it is different from Co operative society? ?
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On 12 January 2020 at 15:55
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752 Points Posted on 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??
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On 12 January 2020 at 16:09
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752 Points Posted on 12 January 2020
Ok...thank you so much
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On 12 January 2020 at 16:50

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