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Difference

ankush singh tomar (student) (31 Points)

27 March 2017

what are the differences between club, AOP and trust?

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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

ankush singh tomar (student) (31 Points)
Replied 28 March 2017

thank you @ Jaikishan V. Wadhwani

siva kumar (icwai) (22 Points)
Replied 01 April 2017

thank you for your kind information

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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