CATEGORY FOR PAN
Pramod Sen (Advocate ) (156 Points)
27 July 2018Plz suggest me. for applying pan of residential society which category to be selected AOP/BOI OR artificial jurisdiction person.
Pramod Sen (Advocate ) (156 Points)
27 July 2018
Sarath Rajendran
(Nil)
(2791 Points)
Replied 27 July 2018
BOI
In case of BOI, only individuals can be the members, whereas in case of AOP, any person can be its member i.e. entities like Company, Firm etc. can be the member of AOP but not of BOI.
In case of an AOP, members voluntarily get together with a common will for a common intention or purpose, whereas in case of BOI, such common will may or may not be present.