Question

Pune university is assessed to income tax as.
a. local authority
b. artificial judiciary person
c. an individual
d.a company

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Answer 1

Answer:

pune university is assessed to income tax as an artificial juridical person.

Answer 2

Answer:

Pune university is assessed to income tax as an artificial judiciary person (OPTION B).

Explanation:

• An artificial judiciary person refers to a body of public or public body established under a special act by the legislature or a body having a juristic personality.
• Examples of Artificial Judiciary person:

1. Delhi University
2. Pune University
3. Nagar Nigam
4. Shri Tirupathi Balaji
5. Municipal Committees
6. Any university approved by law

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