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Difference
what are the differences between club, AOP and trust?
Replies (4)
Dear Ankush
Club Means A association which is dedicated to particular interest or activity.
AOP means Any 2 Or more person join together for a common purpose to earn income.
Trust Is like a non profit Organization it is dedicated to its beneficaries
thank you @ Jaikishan V. Wadhwani
thank you for your kind information
Nevertheless by constitution they three are same. its only income tax act that differentiates between them for computation purposes
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