relating to AOP &BOP

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Vishnu Agarwal

Vishnu Agarwal (Querist)
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18 August 2008

What is the difference between AOP&BOP?

Vishnu Agarwal

Vishnu Agarwal (Querist)
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18 August 2008

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CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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02 April 2012 I suppose you are asking the difference between AOP & BOI.

When ONLY individuals come together to form an association, it is known as Body of Individuals (BOI).

When persons other than individual (firms, companies, etc.) also get involved, then it is known as Association of Persons.

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