Can an HUF operate as an Tours and Travel agency and provide travel packages.
Vinay Jaindani (188 Points)
18 June 2022Can an HUF operate as an Tours and Travel agency and provide travel packages.
CA. ANKIT PANDYA
(CA)
(682 Points)
Replied 18 June 2022
The entity is allowed to earn from all legitimate ways except by way of salary. It can engage in business, investing in real estate and market linked investment options such as shares, earn income through rent etc.
CA Rashmi Gandhi
(Chartered Accountant)
(86500 Points)
Replied 18 June 2022
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)