Commission taken by HUF
This query is : Resolved
Rajeev Sood
(Querist)
08 May 2010
hi
i have received commision from a travel agent for helping in selling their tickets to a corporate known to us. People say this cannnot be taken as HUF cannot get commison.
Pls let me know if this is true if not what all income can be taken by HUF .
i have received commision from a travel agent for helping in selling their tickets to a corporate known to us. People say this cannnot be taken as HUF cannot get commison.
Pls let me know if this is true if not what all income can be taken by HUF .
09 May 2010
HUF can take commission and all other incomes which an individual is eligible, except the salary which only individuals can get, because for getting salary person needs to be employed and how any person other than individual can be employed......
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Rajeev Sood
(Querist)
10 May 2010
Thanks for this, any case laws to back this pls
Regards
'
Regards
'
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