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Body of Individual

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(Querist)
03 April 2020 Respected Experts

pls give me example of BOI if any is there

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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
03 April 2020 Body of Individuals (BOI) is also similar to an Association of Persons. However, in a Body of Individuals, only two or more individuals can join with an intention to earn some income. Hence, Body of Individuals only contains individuals, while an Association of Persons could contain legal entities.
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Avik Banerjee

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Avik Banerjee (Querist)
03 April 2020 Then sir what are the examples of BOI Pls clerify me sir
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
03 April 2020 We can't find any BOI it's rare one. Even I have not seen any one.
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Nikhil Kothari

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Nikhil Kothari (Expert)
03 April 2020 Association of flat owners can be registered as BOI
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Avik Banerjee

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Avik Banerjee (Querist)
04 April 2020 Thank you sir for clear my doubt
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CA Suresh Jain

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CA Suresh Jain (Expert)
04 April 2020 e.g. 1. two friends buy a lottery ticket and win, 2. A partnership without registration,
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