Income for huf

My Question is :

1)  If HUF want to show Income in Returrn of Income then which typpe of Income he can show in his return of Income Tax

2 ) If ther is no anytype of Income then can cash Income can be show In HUF by each month depositing cash in Bank and if 

    yes then  which type of Income it can be treated means it may be commission or Trading Income or Interest Income.

Please answer

Replies (1)

HUF can have income from any source. Its a separate legal entity and hence any kind of income can arise for an HUF.

 

Deposit of cash every month can be from any other source.

 

Regards

Prateek

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details
Company
29 July 2026
ACCOUNTANT

ONESTEP GST SOLUTION

New Delhi

B.Com

View Details
Follow