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AOP/BOI/TRUST

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(Querist)
20 October 2023 Sir, We have formed a society for the purpose where we all the members together collect funds and go for the holidays, Take dinner, participate in other social activities too. We have around 150 members. Also planning to invest in Asset like property. So basically my question is what will be the position for income tax and which formation is required i.e AOP/BOI/Trust?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
20 October 2023 AOP is the right one.
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