Can an HUF operate as an Tours and Travel agency and provide travel packages.
Vinay Jaindani (184 Points)
18 June 2022Can an HUF operate as an Tours and Travel agency and provide travel packages.
CA. ANKIT PANDYA
(CA)
(682 Points)
Replied 18 June 2022
The entity is allowed to earn from all legitimate ways except by way of salary. It can engage in business, investing in real estate and market linked investment options such as shares, earn income through rent etc.
CA Rashmi Gandhi
(Chartered Accountant)
(86308 Points)
Replied 18 June 2022
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
