ABC HUF IN WHICH THERE ARE 2 MEMBERS, X KARTA AND Y OTHER MEMBER.(BOTH ARE HUSBAND WIFE)

MY QUERY
1.CAN X(KARTA) ON BEHALF OF HUF ENTERED IN PARTNERSHIP WITH ANY INDIVIDUAL. IF YES WHETHER INCOME SUCH AS INTEREST, SALARY AND PROFIT RECORDED IN THE BOOKS OF HUF?

2.IS THERE ANY RULE THAT IF IN A HUF THERE IS ONLY 1 COPARCENERS THEN INCOME OF HUF WILL BE ASSESSED IN THE BOOKS OF KARTA AND NOT IN HUF.

REPLY MY QUERY EARLY HIGHLY APPRECIATED

THANKING YOU

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