Aop boi
This query is : Resolved
14 November 2011
What is a AOP & BOI (know what they stand for)
Pls. give one example of each.
Pls. give one example of each.
14 November 2011
AOP(Association of person)-persons may be company,firm,huf,individual as prescribed u/s 2(31).when two or more persons join to work for common purpose/object(there is no written agreement amongst members like partnership deed) is called AOP.
BOI(Body of individuals)-only individuals can be member ...while AOP must have common purpose its no so with BOI...where tax levied on BOI...the individual share from BOI will not taxable in hands of individual.
BOI(Body of individuals)-only individuals can be member ...while AOP must have common purpose its no so with BOI...where tax levied on BOI...the individual share from BOI will not taxable in hands of individual.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Import license renewal
- Credit profit and loss account in case of bonus share received
- How to determine cost of acquisition of shares on De-merger or Merger
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
