HUF ITR Commission income

This query is : Resolved 

17 August 2009 Can we show Commission income in HUF's Income Tax Return as PGBP?
its urgent

18 August 2009 Mostly it should be as IOS

18 August 2009 you can, but keep in mind the following:
1) If commission is from agency, that agency should be in the name of HUF.
2) The amount recd should be credit in HUF bank account & not transferred from your account to HUF a/c





You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries