13 July 2016
An AOP has been formed with mutual concern for maintenance other facilities by a cooperative society. Certain fix amount collected from members is deposited as FD on AOP's name. Bank has deducted TDs on it. question is:
1. where to show the income in AOP's itr and
2. AOP of this kind are not liable to file itr to show its income but to claim tds which itr is required?