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Tax liability in case of an AOP

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(Querist)
17 March 2008 Suppose an AOP has the following income:
Dividend = 50000
Rent = 1000000
Interest = 1000
STCG = 150000

And it also has a corpus donation of 10 lacs.


So What will be the tax liability of AOP?
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pushpendra

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pushpendra (Expert)
17 March 2008 Assessment Yr. ?
Rent Frorm ?
Status Trust or other?
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romil jain

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romil jain (Querist)
18 March 2008 Assetssment year 2007-08
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CA Hemant T Dewani

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CA Hemant T Dewani (Expert)
19 March 2008 bank interest,rent and dividend is exempt from tax short term capital what purpose you invest is important otherwise it is taxable

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