Association of person and spv difference

[velumani vadiappan]

Tamilnadu electricity board is interpreting "SPV' formed under companies Act are "AOP".Can i be clarified the difference between "pvt ltd Company", "APV" and "AOP".

[DR.MARIAPPAN GOVINDARAJAN]

More information is required in your query.

AI Summary

Association of Persons classification questioned for SPVs after regulatory recharacterisation, seeking tax and legal distinction.
Query whether a company law special purpose vehicle should be characterized for income tax purposes as an Association of Persons rather than a private limited company, prompted by a state electricity board's classification of SPVs as AOPs; available reply requests more factual information before clarifying legal or tax distinctions.