What is tax treatment of BOI.(Body of Individual) ..For example of if 3 person are receiving Rent income and their share is equal then can the income be taxed in BOI ? What if 3 person wants to share this income after they being taxed..is there again tax has to be paid when income is divided in hands of members.. ? clarify with sections/provisions..
Menu
Taxation of BOI ...
Replies (1)
Rent Income will be tax to BOI. Once they are tax as BOI, income will not be again tax in the hands of individual(member).
Recent Topics :
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
Related Topics :
CAclubindia
