HUF Income Soure

Can a HUF receive commission income ? If yes then what is the rate of TDS for HUF?

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Quick Summary
This discussion addresses whether a Hindu Undivided Family (HUF) can legally receive commission income. The consensus is that it is possible, with the applicable TDS rate under Section 194H being 5%. However, it's noted that crediting such income to a HUF's Income Tax Return (ITR) might be contentious, and the commission payer may be reluctant to issue payments directly to the HUF.

Yes.... TDS rate will be 5% u/s 194H.

It will be disputable to credit commission income and show in HUF ITR.

Even the payer of commission may hesitate or decline to pay in HUF name.

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