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salaried individual doing business in His HUF

This query is : Resolved 

18 May 2016 Sir I am a salaried individual working in a private firm, and started a new firm in my HUF name with Karta being proprietor, will the income of HUF firm will be clubbed with my individual income being firm run by employees and doing trading business or not.

18 May 2016 no huf income taxable in hand of huf not in your hand.


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