This is Ravi Verma in this article I will tell you about the definition of a person in the income tax act
- Who is a person in income tax act-1961.
In section 2(31) a person is
- An Individual:-
- A HUF
- A Company
- A Firm
- An AOP
- An BOA
- A Local authority
- every artificial juridicial person
All of them are called persons under the Income Tax Act.