Main DIff. is that any body constitue by law. (it better to say imposition on law/) That's know BOI.
other wish person agree to carry any business That's know AOP.
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Tell me please
thanks manoj.....
If a company in netherlands wants to issue shares of Euro 1 each at a premium of Euro 100 to a xyz co. (resident)
and later on the xyz co. sells these shares at euro 1 each to existing shareholders?
please tell me impact of the transaction under income tax law and company law.
If a company in netherlands wants to issue shares of Euro 1 each at a premium of Euro 100 to a xyz co. (resident)
and later on the xyz co. sells these shares at euro 1 each to existing shareholders?
please tell me impact of the transaction under income tax law and company law.
Agree with satish kumar voleti
As per Income Tax Act, 1961 defination of Person Includes Individual , HUF , Firm , Company etc.
AOP formed by Individual , Firm , Company etc. where as BOI is formed only by Individuals
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