Can I run a HUF under a legal firm. I mean to say can I file a return for income earned by me from legal services under HUF?
Ruchi Agrawal (law) (129 Points)
26 July 2015Can I run a HUF under a legal firm. I mean to say can I file a return for income earned by me from legal services under HUF?
Rajagopalakrishnan R
(PARTNER)
(1422 Points)
Replied 26 July 2015
NO. Personal services cannot be termed as income of HUF. Typically, income from properties, interest income and even business income can be HUF income.