Artificial Juridical person

Entity (such as a firm) other than a natural person (human being) created by law and recognized as a legal entity having distinct identity, legal personality, and duties and rights. Also called artificial person, juridical entity, juristic person, or legal person. Examples

Legal personality refers to the ability of an organization to enter into legal transactions such as holding property or entering into debt. Some examples of legal persons include:

• companies
• cooperatives (co-ops)
• corporations
• corporations sole
• estates of deceased persons
• European economic interest groupings (EEIGs)
• flow-through entities (FTEs)
• international organizations such as the United Nations or the Council of Europe
• limited liability companies
• municipalities
• natural persons
• partnerships
• political parties
• political action committees (PACs)
• sovereigns
• Strawperson
• states
• subjects under public international law, such as international organizations or the Souvereign Order of Malta
• temples, in some legal systems, have separate legal personality^[7]
• trade unions
• trusts
• ship or vessel
• churches and religious denominations

Not all organizations have legal personhood. For example, the board of directors of a corporation, legislature, or governmental agency typically are not legal persons in that they have no ability to exercise legal rights independent of the corporation or political body which they are a part of. One consequence of this is that lawsuits against a government agency typically are not directed at that agency but rather at a particular person within that agency that exercises governmental authority.

regards,

ratan

thank u

 

Income tax structure of Co-operative societies and juridical person are different. So whether co-operative societies belong to "juridical person" is a question of law.

Court need to pay tax in India or not?

Co-operative societies are not AJP's they are AOP's Person definition in income tax act defines clearly if not included in any others(individual,firm,local authority, company) then it will be covered in AJP

As per IT ACT not covered under any other definitions like individual,AOP/BOI,FIRM,COMPANY etc...

A co-operative Society or a Society is not an AJP. [Supreme Court - Illachi Devi (D) By Lrs. And Ors. vs Jain Society, Protection Of ... on 26 September, 2003 Equivalent citations: AIR 2003 SC 3397, 97 (2004) CLT 284 SC, 2003 (4) CTC 98] [ Madras High Court- Tamil Nadu Technical Educaton ... vs (R4 Impleaded As Party on 10 June, 2010 DATED : 10-06-2010]

A co-operative Society is not an AOP. 

ITAT Nagpur in the case Pusat Ginning and processing Co-opeative Sociey. 13Aug 1990.

Is charitable trust AJP?