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Choose the right form of business—company, firm, LLP, trust, AOP, BOI. Each organization type has distinct attributes and responsibilities. A trust manages assets under fiduciary duties, while a partnership firm has shared profits and vast liabilities. LLP combines partnership and company benefits, limiting personal liability. AOP and BOI differ in their composition for income generation. Co-operative societies provide mutual support and services to members.

File your income tax returns accurately and avoid penalties with this comprehensive guide on different types of income tax returns (ITR) in India. Stay updated with the latest tax slabs and regulations on the new income tax website. Ensure timely filing before the due date to fulfill your tax obligations and maintain compliance.