16 April 2014
If it is ur personal income then u can't. Means if bill is raised in ur name then it is taxable for u. But if it is in HUF name then u can take it.
16 April 2014
Respected sir Thanks for reply I want to read HUF account detail through it act this. Please can u provide me Section No.in Income tax act about HUF details.
16 April 2014
Respected sir Thanks for reply I want to read HUF account detail through it act this. Please can u provide me Section No.in Income tax act about HUF details.
Income tax act doesn't provide for separate treatment of different types of assessees except for certain specific provisions. For HUF there is none as far as how you record the income.
CAclubindia
