13 August 2009
I HAVE OPENED BANK A/C IN NAME OF HUF. I AM RECIVING PROFESSIONAL FEES AND FILING MY INDIVIDUAL ITR HOW CAN I START TRANSACTION IN MY HUF A/C? CAN I RECIVE PROFESSIONAL FEES IN HUF A/C? WHAT OTHER INCOME CAN I INCLUDE IN HUF?
13 August 2009
thanks but what can i do if i had to receive personal contract professional fees ? i am already receiving proff fees from pvt ltd co. how do i deal with personal income to save tax ? i dont want to clubb it my existing income