B Com Exam  >  B Com Questions  >  What is the primary purpose of assessing Asso... Start Learning for Free
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?
Verified Answer
What is the primary purpose of assessing Association of Persons (AOP) ...
Assessing AOP and BOI at the maximum marginal rate helps prevent tax evasion by these entities. It ensures that their income is accurately reported and taxed at the appropriate rate.
View all questions of this test
Explore Courses for B Com exam

Top Courses for B Com

Question Description
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 2025 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 2025 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?.
Solutions 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? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of 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? defined & explained in the simplest way possible. Besides giving the explanation of 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?, a detailed solution 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? has been provided alongside types of 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? theory, EduRev gives you an ample number of questions to practice 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? tests, examples and also practice B Com tests.
Explore Courses for B Com exam

Top Courses for B Com

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev