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TRANSFER OF COMMISSION INCOME TO HUF

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 February 2010 I AM SALARIED PERSON.I ALSO GET COMMISSION INCOME FROM MY COMPANY. CAN I SHOW THIS UNDER H.U.F. NAME? OR WILL IT BE ADDED TO MY PERSONAL INCOME?
I AM HOLDING MY HUF PAN A/C.
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CA Vijay Kumar Gupta

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CA Vijay Kumar Gupta (Expert)
01 February 2010 It will be added to your own salary income. refer Gestener Duplicators P. ltd.vs CIT 1979 117 ITR SC 1
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
01 February 2010 agree
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
01 February 2010 agree

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