27 October 2009
what are the meaning on the term "artificial juridical person" in the income tax act and what it includes........ can anyone please tell
27 October 2009
An "artificial juridical person" is a legal entity like a corporation, partnership, trust, government sovereign, charitable organization or other formally recognized entity allowed standing by Courts to have power to sue or be sued in the same sense of an individual..
Note:- An Individual is not regared as artificial juridical person.
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