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Taxable head
HUF providing professional services then the income received on preofessional services taxable under which head??
Replies (6)
Business / Profession. Treat it as Sale of Services (Other services) and not Professional services.
At first, how can HUF be a professional....?
Huf can provide professional services
How can...give an example
Tds under sec 194J doesnt mean it is a professional service just in case you are understanding like that. An HUF cannot provide specialized professional services as a professional like doctor, lawyer is HUF individual holding professional certificate and the services are dependent on the individual and not the HUF.
Some services are personalized services.Some services may not be personalized service. Ttarget='_blank' rel='nofollow' hrefore, income from personalized service can not be attributed to HUF income. Sevices of doctor are in the nature of personalized services. I think you can not apportion you income to HUF income. However, a clinic may be run by HUF. From the income of the clinic/hospital you may draw some amount towards your personalized service. The income of clinic/hospital own by HUF would continue to be taxed in the hands of HUF.
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