portfolio. advisor
52 Points
Joined May 2014
I have opened a stock trading and demat account in my HUF name
(A) is it ok to invest ( medium to long term) in my individual account but daytrade(intraday and short term ie.bout a week) in my HUF account
(B) will HUF income from such trading then be considered as business income ( I have no income in HUF currently)
(C)will it be ok if I stop trading and start long term investments in HUF in later years? Will such income still be considered as business income
(D)can I start a portfolio advisory business in my HUF, where it will be receiving fees from clients for advice given by me.
Please help