Remuneration to partner (huf) allowed?

This query is : Resolved 

12 November 2011 Have distributed Rs.200000/- to every partner including HUF.
can we give remuneration to huf as per IT act.

12 November 2011 Yes..to representative of huf provided within limit as prescribed in 40b


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query