Huf income

483 views 3 replies

Hello All,

 

Can a HUF gererate income by way  of service business.

 

Thanks

Shriniwas

Replies (3)

There is no restrtcition on huf under the present income tax act1961, so in ma opinion i think yes.

I agree.

Shriniwas ji,

 

HUF can generate income from service business.


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