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Can huf do trading business

Knowledge Sharing 788 views 2 replies

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

 

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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