ICICI

Income Tax query


Shyam Vasudevan   24 July 2019

Shyam Vasudevan

 20 points

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In IT act, AOP'S are assessed U/S 67 A depending on whether the shares of the members' of AOP are determinible or indertimanate. However whether the Apartment Owners' Association ( Reg ) treated under IT act as AOP has to be assessed U/S sec 67 A or taxable at rate applicable to individuals. Please advise




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