Can an HUF operate as an Tours and Travel agency and provide travel packages.
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Quick Summary
This discussion explores the possibility of a Hindu Undivided Family (HUF) functioning as a travel agent and offering travel packages. The general consensus is that an HUF can indeed engage in business activities, including operating a travel agency, provided that the members of the HUF are actively involved in running the business. This allows the HUF to earn income through legitimate business ventures.
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.