02 July 2011
Can you make profit out of yourself. Let me give one example I purchased one pen for Rs. 10/- can I sell the same to me for Rs. 11/-? Since the doctor in his individual capacity is drawing salary he cannot take the saem in the name of the HUF as the HUF is not a qualified doctor.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
02 July 2011
sir,
Karta and members are drawing professional fees in their individual capacity.
they are getting professional fees for their professional sills and services in hospital.
02 July 2011
I think queriest question is whether Karta & his wife can receive salary in their personal capacity for their services as doctor from a hospital run by HUF through Karta.
In my opinion, Karta in his personal capacity, and not in the capacity of Karta of HUF, is eligible for remuneration for his services as doctor in the hospital run by HUF.
Under Income Tax Act, there is nothing to attract clubbing provisions in this case.