Aop taxability


Audit Manager

Dear Friends,

Income of any of the member of an AOP is greater than the basic exemption limit, since the AOP is taxable at MMR. Let me know that the income of the member earned only from the concerned AOP is considered for this purpose or the gross income of the member from all sources?

 
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gross income of the member from all sources
 
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Audit Manager

Thank You Sir

 
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