tax
This query is : Resolved
CA Tilak Raj Sharma
(Expert)
07 March 2009
AOP - means an association in which two or more persons join in a common purpose or common action. The term "person" includes any company or associatio or body of individuals, whether incoporated or not.
CA Tilak Raj Sharma
(Expert)
07 March 2009
Body of Individuals - means an association in which two or more individuals join in a common purpose or common action.
CA Tilak Raj Sharma
(Expert)
07 March 2009
The difference is only of the term "person" and "Individuals".
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