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HUF commission income

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 July 2010 HUF received commission income. ITO made an addition of the commission income on the ground that HUF cannot receive commission income.
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Shudhanshu Agrawal

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Shudhanshu Agrawal (Expert)
12 July 2010 Please explain more about the nature of commission and purpose of which it was received. Do tell the reason which he has mentioned for disallowance.
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