Income tax

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 September 2012 difference between A.O.P and partnership firm ?
whether both are same

14 September 2012 No, both are not same. Limited period partnerships are mostly taxed as AOP. Joint Ventures fall under this category of AOP. The firm formed under Indian PArtnership Act, is taxed as FIRM

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 September 2012 iska matlab sir jo thodhi der ke liye partnership firms bnati hain vo AOP`S hai
kya isme LLP`S BHI AA JAYEGI

17 September 2012 AOP in Associate of "Person" and person includes natural as well as artificial person like company. Firm consist of only natural person. Hence LLP is AOP because it is artificial person.

Firm formed for small duration is Firm and not AOP


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details