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What is the primary purpose of assessing Association of Persons (AOP) or Body of Individuals (BOI) at the maximum marginal rate?a)To encourage charitable contributions from AOP and BOI.b)To simplify the tax calculation process for AOP and BOI.c)To exempt AOP and BOI from paying taxes.d)To avoid tax evasion by AOP and BOI.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the primary purpose of assessing Association of Persons (AOP) or Body of Individuals (BOI) at the maximum marginal rate?a)To encourage charitable contributions from AOP and BOI.b)To simplify the tax calculation process for AOP and BOI.c)To exempt AOP and BOI from paying taxes.d)To avoid tax evasion by AOP and BOI.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary purpose of assessing Association of Persons (AOP) or Body of Individuals (BOI) at the maximum marginal rate?a)To encourage charitable contributions from AOP and BOI.b)To simplify the tax calculation process for AOP and BOI.c)To exempt AOP and BOI from paying taxes.d)To avoid tax evasion by AOP and BOI.Correct answer is option 'D'. Can you explain this answer?.

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