banner_ad

Can HUF do buisness

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 February 2010 I want to know that, a person can do business (Trading Or Manufacturing) in the name of his HUF or not? If yes then is it be treated same as properiotership? If no then please tell me in summarized manner why?
Profile Image

KRISHNA KUMAR R C

Profile Image

KRISHNA KUMAR R C (Expert)
12 February 2010 HUF can do business, it will be trated as propperitorership.
Profile Image

Harminder Singh

Profile Image

Harminder Singh (Querist)
13 February 2010 Sir, please tell me that, is there any restriction on HUF, for certain type of incomes which A HUF can not earned? If yes please give me some examples of incomes, which can not be earned by a HUF?Because i have told by a person that a huf cannot earn commission income.....
Profile Image

CA PRIKSHIT GUPTA

Profile Image

CA PRIKSHIT GUPTA (Expert)
13 February 2010 An HUF can earn any type of income except salary income. it can earn commission income also.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details