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.
can we give remuneration to huf as per IT act.
CA Ayush Agarwal
(Expert)
12 November 2011
Yes..to representative of huf provided within limit as prescribed in 40b
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