Learner
4016 Points
Joined December 2009
Hi Sunil Sir,
I have one question.
Is the involvement of entire family necessary, for an income to be treated as a income of HUF? Can't Karta (or any other member) alone act on behalf of HUF?
U can link this case with that of a partnership firm....Involvement of all the partners is not a precondition - one can have sleeping partners....
I think, the agreement under which commission is being paid should clearly specify that this agreement is with the HUF & Mr A will be acting in his capacity of Karta of the HUF.