HUF commission income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 July 2010
HUF received commission income. ITO made an addition of the commission income on the ground that HUF cannot receive commission income.
12 July 2010
Please explain more about the nature of commission and purpose of which it was received. Do tell the reason which he has mentioned for disallowance.
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