Hello,
Can HUF earn commission income? If no, can HUF itself be made the Proprietor of a Proprietorship and then earn commission income?
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Can huf earn commision income?
Replies (2)
HUF can earn commission income on its individual capacity. It can not earn commission based on holdin of karta but can if the commissioned is earned solely because of work of huf as a seperate entity.
| Originally posted by : Pulkit Sharma | ||
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HUF can earn commission income on its individual capacity. It can not earn commission based on holdin of karta but can if the commissioned is earned solely because of work of huf as a seperate entity. |
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I'm still confused! Say the PAN of the HUF is AAAHA0000A, can any type of of Commmission income be shown through this PAN by any arrangement? If yes, how? Directly or by making HUF as an proprietor of any Concern which is receiving the Commission?
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