Commission income
This query is : Resolved
DIXIT SANKLECHA
(Querist)
16 April 2014
Respected sir
Can i take commission income in my HUF account.
Can i take commission income in my HUF account.
Sandeep Dharar
(Expert)
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.
DIXIT SANKLECHA
(Querist)
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.
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.
DIXIT SANKLECHA
(Querist)
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.
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.
Nikhil Kaushik
(Expert)
16 April 2014
Dear Dixit,
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.
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.
DIXIT SANKLECHA
(Querist)
16 April 2014
Respected sir
Thanks for reply
Thanks for reply
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