Difference
ankush singh tomar (student) (31 Points)
27 March 2017
what are the differences between club, AOP and trust?
4 Replies
Jaikishan V. Wadhwani
(Company Secretary)
(154 Points)
Replied 28 March 2017
Dear Ankush
Club Means A association which is dedicated to particular interest or activity.
AOP means Any 2 Or more person join together for a common purpose to earn income.
Trust Is like a non profit Organization it is dedicated to its beneficaries
CA Revanth Bharathwaj M
(Freelance consultant in Direct Tax and Financial Reporting)
(373 Points)
Replied 01 April 2017
Nevertheless by constitution they three are same. its only income tax act that differentiates between them for computation purposes
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