Taxation of BOI ...

CA RAJESH BALSARA (Proprietor) (262 Points)

19 January 2010  

What is tax treatment of BOI.(Body of Individual) ..For example of if  3 person are receiving Rent income and their share is equal then can the income be taxed in  BOI ? What if 3 person wants to share this income after they being there again tax has to be paid when income is divided in hands of members.. ? clarify with sections/provisions..