HUF


(Querist)
03 December 2019
Is HUF eligble to claim income from profession, consultancy and arbitration ?
please reply


CA R SEETHARAMAN (Expert)


Click to Talk 03 December 2019
No huf can't do such profession.

R S Sai Kumar (Querist)
03 December 2019
Thank you CA R Seetharaman, may I know reasons for this? Actually what may be the intention for not allowing such incomes in HUF.

CA R SEETHARAMAN (Expert)


Click to Talk 03 December 2019
Only individual and firm of professional can do such professional work.

R S Sai Kumar (Querist)
07 December 2019
Thank you CA R Seetharaman,Sir
Read more at: https://www.caclubindia.com/experts/huf--2772449.asp


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