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Cooperative socity

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 November 2012 as per IT Act, cooperative society is include in which type of person, as per the definition of person?
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Pankaj Gupta

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Pankaj Gupta (Expert)
24 November 2012 It is included under AOP/BOI.
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Querist : Anonymous

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Querist : Anonymous (Querist)
24 November 2012 thank u sir,
why cooperative society has separate income tax slab rates, if it include in AOP or BOI?
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Pankaj Gupta

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Pankaj Gupta (Expert)
24 November 2012 This cannot be questioned. Because although man and woman both are individual but still they have different slabs. So it was thought necessary by cbdt to do so and thus it did....
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Querist : Anonymous

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Querist : Anonymous (Querist)
24 November 2012 thank u sir
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Querist : Anonymous

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Querist : Anonymous (Querist)
24 November 2012 can u give me another example for AOP or BOI?
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Pankaj Gupta

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Pankaj Gupta (Expert)
24 November 2012 trust,society(samiti) are other examples of AOP/BOI.

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