Income tax

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Querist : Anonymous

Querist : Anonymous (Querist)

01 October 2012 dear sir . i am c.a i wanted to know what type of income can i show in my huf.

CA AYUSH AGRAWAL

CA AYUSH AGRAWAL (Expert)
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01 October 2012 Any Income.
Generally Basic Concept for HUF is to show Family Incom, Like Family business, Agriculture Inocme etc.
But You Can Show Any Income Under HUF Except Individual Capacity Income like Salary. etc.

Querist : Anonymous

Querist : Anonymous (Querist)

01 October 2012 thanks . but can i show commission income in huf.

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CA AYUSH AGRAWAL

CA AYUSH AGRAWAL (Expert)
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01 October 2012 yes, as said earlier

Querist : Anonymous

Querist : Anonymous (Querist)

01 October 2012 thanks for expert advice but in many cases i have come to know that assessing officer is clubbing commission income of huf in kartas income. can you pls confirm.