Don’t miss the latest developments in business and finance.

Taxing Matters

Image
BUSINESS STANDARD
Last Updated : Jan 28 2013 | 1:46 AM IST

Peculiar provisions govern the taxation of Association of Persons.

The taxation of an Association of Persons (AOP), alternatively called a Body of Individuals (BOI), is governed by peculiar provisions.

The two conditions for assessing income under the status of an AOP are

Also Read

First Published: Apr 26 2003 | 12:00 AM IST

Next Story