can any one please clear the difference between the firm and the associates of persons (AOP)
can any one please clear the difference between the firm and the associates of persons (AOP)
the members/partners of a partnership firm must be a human being i.e. he/she must be an individual
whereas in a AOP the members may be any person (natural/artificial) described in the Income Tax Act, 1961
thanks but what do u mean by artificial???
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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