Hello friends
I wan to create my HUF and start Garment trading business in Huf name Is HUF allowed to do business please clarify
I am told HUF cannot do trading business nor it can earn commission income.
Thanks
Arya Shah
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Can huf do trading business
Replies (2)
Ask person proof who told you that huf can't do trading, huf is family business, I can be any business.
Huf can do any business. Only professional or personal skill involving activities are restricted. Eg Professionals
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