HUF ITR Commission income
This query is : Resolved
17 August 2009
Can we show Commission income in HUF's Income Tax Return as PGBP?
its urgent
its urgent
18 August 2009
Mostly it should be as IOS
18 August 2009
you can, but keep in mind the following:
1) If commission is from agency, that agency should be in the name of HUF.
2) The amount recd should be credit in HUF bank account & not transferred from your account to HUF a/c
1) If commission is from agency, that agency should be in the name of HUF.
2) The amount recd should be credit in HUF bank account & not transferred from your account to HUF a/c
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