Commission taken by HUF
This query is : Resolved
08 May 2010
hi
i have received commision from a travel agent for helping in selling their tickets to a corporate known to us. People say this cannnot be taken as HUF cannot get commison.
Pls let me know if this is true if not what all income can be taken by HUF .
i have received commision from a travel agent for helping in selling their tickets to a corporate known to us. People say this cannnot be taken as HUF cannot get commison.
Pls let me know if this is true if not what all income can be taken by HUF .
09 May 2010
HUF can take commission and all other incomes which an individual is eligible, except the salary which only individuals can get, because for getting salary person needs to be employed and how any person other than individual can be employed......
Message likes :
1 times
10 May 2010
Thanks for this, any case laws to back this pls
Regards
'
Regards
'
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- GST ON EXPORT COMMISSION
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Disallowance of Section 43B(h) to sez units
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
