Pan of society
pankaj@1990
(Querist) 26 December 2015
This query is : Resolved
What is the legal position of a society. I mean to say is it an AOP, BOI or any other authority. I have to mention the legal position of the society on PAN application.
Thanks in Advance
Kapil
Suhail A.Siddiqui
(Expert) 27 December 2015
IT is SOCIETY is itself legal entity. therefore, Income Tax Recognize it SOCIETY as an Artificial/legal person.
Rajendra K Goyal
(Expert) 27 December 2015
Status of cooperative society is AOP or BOP and ITR return V need to be filed. For reference visit:
http://taxguru.in/income-tax/taxation-cooperative-societies-direct-indirect-tax-provisions.html
Dr J C Vashista
(Expert) 27 December 2015
I agree with experts, however, what is AOP & BOP?
CHS is a separate legal entity and ITR is filed separately.