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HUF

This query is : Resolved 
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(Querist)
03 December 2019 Is HUF eligble to claim income from profession, consultancy and arbitration ?
please reply
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
03 December 2019 No huf can't do such profession.
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R S Sai Kumar

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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.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
03 December 2019 Only individual and firm of professional can do such professional work.
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R S Sai Kumar

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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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