HUF -- can HUF receive Commission Income ?
samkasvala (proprietor) (131 Points)
24 April 2018HUF -- can HUF receive Commission Income ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 24 April 2018
Depends upon nature of commission......
Goods trading commission, depending on participation of members, ownership of the HUF firm etc... is allowed...
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