Huf Related

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whether HUF can have commission , salary income.
Replies (7)
HUF can have commission income. But it cannot have salary income because salary is earned from employment by an individual and HUF is not an individual
For Huf Creation, whether we need huf property or any gift.
as a partner of a firm, huf is entitled to receive commission and salary income
For Huf Creation, whether we need huf property or any gift.

Not Necessarily..

Huf bank Account can be opened with saving
sorry, I want to say Huf bank account can be opened by taking loan


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