Society AOP - partner of a firm

Discussion in 'Income Tax' started by Siva004, Feb 23, 2017.

  1. Siva004

    Siva004 New Member

    Can a society registered under Societies Registration Act (an AOP), be a partner in a firm?
     
  2. Nikhil8

    Nikhil8 Member

    A firm, an association of persons (AOP) or body of individuals (BOI) is said to be resident in every case except where during that year the control and management of its affairs is situated wholly outside india. It means that if A firm. an associations of persons (AOP) or body of individuals (BOI) is controlled from India even partially it will be resident assesse.
     
Draft saved Draft deleted
Loading...

Share This Page