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Incme received by karta of huf

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 April 2015 please confirm me that, if a person is director of a pvt Ltd. co. and also Karta Of HUF then as a karta can he receive sales commission income from the supplier of that PVt Ltd.Co.

Secondly, whatever sales comm.is receivable instead of receiving it directly from the supplier can that income be adjusted against suppliers bill in company account and in lieu of that get payment from company account
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
26 April 2015 It is advisable that you should not adopt such planning.
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