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HUF Income, Income Tax

Issue Id: - 117348
Dated: 13-7-2021
By:- Amit Kumar
HUF Income

  • Contents

Can a HUF earn commission income and show it in its return of Income. Commission is received for the work done as a middle man.

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Showing Replies 1 to 2 of 2 Records

1 Dated: 13-7-2021
By:- ARVIND JAIN

Not At all advisable as most chances of clubbing in personal ITR and you yourself said work is done by middle man ...means Individual and not HUF. Don't do this.


2 Dated: 16-7-2021
By:- DR.MARIAPPAN GOVINDARAJAN

I endorse the views of Shri Jain.


1

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