Salary to Karta
This query is : Resolved
10 April 2009
HUF is the proprietor of a Trading Firm. Karta of the HUF is managing the firm and getting salary from HUF business.
Salary so received by the Karta is shown as Salary Income in his personal Return.
Please confirm if there is anything wrong in it.
Salary so received by the Karta is shown as Salary Income in his personal Return.
Please confirm if there is anything wrong in it.
10 April 2009
Its not wrong as far as he is getting reasonable amount as salary.
10 April 2009
i support the expert
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CLOSING STOCK QUERY
- ITR-Capital Gain
- Gst on travel by air for business purposes
- GST ISD Query on various AMCs
- Short Term Gain Reporting ITR
- DUE DATE FOR ITR FILING
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Error in uploading Form 10BD
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Taxation on Old jewellery sold
- 44AD, 44ADA business details
- PF wage ceiling
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
