Association of Person (AOP) Registration

Association of Person Registration

Association of Person (AOP) Registration

An AOP under Income Tax Act is an Entity or Unit of assessment.

It means two or more persons who joins for a common purpose with a view to earn an income. The term person includes any company or association or body of individuals, whether incorporated or not. Therefore , if two or more persons join hands to carry on a business but do not constitute a partnership, they may be assessed as an AOP.

An Association of Persons (AOP) or a Body of Individuals (BOI), whether incorporated or not, is treated as a ‘person’ under section 2(31) of the Income-tax Act, 1961. Hence, AOP or BOI is treated as a separate entity for the purpose of assessment under the Income-tax Act.

  • Registration
  • Taxation
  • Auditing and Reporting
  • Filing Income Tax Returns

Frequently Asked Questions

What type of activities is generally done through an AOP?

We have come across situations where a group of individuals join together for conducting a one-time event such as Seminar, Conference, etc., forms an AOP.

Is it mandatory to File return of Income?

Every AOP / BOI whether incorporated or not has to file the return of Income if his total income exceeds the basic tax exemption limit.