HUF as member of Partnership Firm
This query is : Resolved
09 February 2024
Hello Members,
Wanted to check can an HUF be admitted as Partner in Partnership firm?
While having checked few articles it is stated HUF cannot be admitted but in Income tax, I know a few cases wherein HUF are added in as partner in the firm and there has been no question raised or error coming in when returns are being filed.
Regards
Wanted to check can an HUF be admitted as Partner in Partnership firm?
While having checked few articles it is stated HUF cannot be admitted but in Income tax, I know a few cases wherein HUF are added in as partner in the firm and there has been no question raised or error coming in when returns are being filed.
Regards
CA R SEETHARAMAN
(Expert)
09 February 2024
No, huf can't be partner in a firm.
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