Cooperative society and association of persons

A cooperative is an autonomous association of people united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically controlled business.

There is no deference in Cooperative society and association of persons.

Society :- To give the legal form for any work/activity, individuals obtain the local registration from registrar of societies in respective state.

AOP :- Income tax Department as per section 2(31) of income tax act 1961, assessed it's income as association of person