Menu
Commission by huf
Can huf give commission to its members under income tax?
Replies (1)
Summary: An HUF cannot typically claim "commission" paid to its members as a valid business expense, as it is often viewed as a disguised distribution of profits. While an HUF can pay a "salary" for genuine services rendered, it must be commercially justified and properly documented to be considered a deductible business expense.
Recent Topics :
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
Related Topics :
CAclubindia
