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Difference between association of person and body of individual

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(Querist)
01 September 2013 what is the difference between association of person and body of individual?
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
01 September 2013 AOP: It is formed with an intention to earn profits or to carry on an activity. Member of an AOP may be Individuals only or Individual and others like company firm etc.
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BOI- It is not formed intentionally but due to certain compulsions- like sharing the income from a common undivided ancestral property . Individuals can only be the members.
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For a very technical and logical reading-
follow the link-
http://www.feeleminds.com/forum/viewtopic.php?f=6&t=618
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