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HUF

This query is : Resolved 

Is HUF eligble to claim income from profession, consultancy and arbitration ?
please reply


No huf can't do such profession.

Thank you CA R Seetharaman, may I know reasons for this? Actually what may be the intention for not allowing such incomes in HUF.

Only individual and firm of professional can do such professional work.

Thank you CA R Seetharaman,Sir
Read more at: https://www.caclubindia.com/experts/huf--2772449.asp


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