Commission by huf

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Student
213 Points Posted on 25 March 2021
Can huf give commission to its members under income tax?
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On 25 March 2021 at 11:28 Report
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This discussion explores the tax implications of Hindu Undivided Families (HUFs) paying commission to their members. It addresses the question of whether such payments are permissible under income tax regulations. The core debate revolves around the legality and feasibility of HUFs earning and distributing commission to individuals associated with them.

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Chartered Accountant
24588 Points Posted on 25 March 2021
Yes HUF can earn commission and give it to its members also
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On 25 March 2021 at 12:44
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17269 Points Posted on 26 March 2021
No comission can be given
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On 26 March 2021 at 09:40
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Student
213 Points Posted on 26 March 2021
Why commission cannot be given?
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On 26 March 2021 at 09:41

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