Tax

Till now all stock exchanges are AOP's(Association Of Persons) and now India is opting for Corporatisation of Stok Exchanges(Transfer of assets for Corporatisation of stock exchange is exempted capital gain),Hence if process does not end yet,they will be assessed to tax in the status of AOP else as Company(Pvt ltd / Pub ltd).Their income normally includes Listing Fees paid by Listing company,Penalities for Non complaince as per their conditions and Vacating Fees etc,Furthur comments needed,Thank you