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Discussion > Income Tax > Tax queries >

HUF

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ca

[ Scorecard : 25] 		Posted On 21 September 2008 at 19:57 Report Abuse

Can an HUF earn selling commission ? The Karta is also earning commission  on his  individual capacity.

Vishal
Make A Guess

[ Scorecard : 96] 		Posted On 21 September 2008 at 23:02

Yes it is possible.

HUF can earn commission and be taxed seperately even when the Karta is also earning commission on his individual capacity.


HATINDER KUMAR
CA

[ Scorecard : 137] 		Posted On 22 September 2008 at 10:04

yes it is possible that will depend upon the  terms of the contract

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