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Remneration to Kartha

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(Querist)
08 July 2009 Wether Kartha Can take remuneartion from

Business firm in which Kartha is

Propeitor of the Firm.
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
08 July 2009 A karta cannot be termed as a proprietor. He is the custodian of family property. He manages the business. He can take salary in Individual capacity from the HUF business.
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CA Suresh Choudhary

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CA Suresh Choudhary (Expert)
08 July 2009 agree
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