Business entity vs body corporate
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 August 2015
What does mean by Business Entity Under Service Tax?
Diff between Business Entity and Body
Corporate?
Diff between Business Entity and Body
Corporate?
05 August 2015
Business entity means, the persons who carry business in the nature of Trade, Commerce/ Industrial Undertaking. Let it be individuals, firms, company, AOP, BOI.
05 August 2015
Body corporate means- companies incorporated outside India/ In India under a law prevailig in that country.
I.e, Apple Inc, . IHI Corporation etc.
Hope your doubt is cleared.
I.e, Apple Inc, . IHI Corporation etc.
Hope your doubt is cleared.
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 August 2015
Thanks for the reply......In your reply under Business entity also mentioned Company and In Body Corporate also mentioned Company.
Companies Pvt ltd And Pub.Ltd regd. under companies act will come under which category
Companies Pvt ltd And Pub.Ltd regd. under companies act will come under which category
05 August 2015
Yes. No distinction whether private of public company.
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