Huf Is partner in a Partnership Firm. Huf is filing his own income tax return showing income of interst , share of profit and share trading gain .
Will the HUF liable to pay profession tax RS 2500/- ?
Please reply
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Query regarding Profession Tax
Replies (2)
HUF cannot be a partner in a partnership firm
Yes, the Gaurav is absolutely correct.
HUF is never partner of Partnership Firm; except Ltd. Partnership Firm.
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