Can a HUF receive commission income ? If yes then what is the rate of TDS for HUF?
2 Replies
Kumar Sushank
(General Manager - Finance)
(1040 Points)
Replied 03 February 2020
Yes.... TDS rate will be 5% u/s 194H.
Kapadia Pravin
(17259 Points)
Replied 03 February 2020
It will be disputable to credit commission income and show in HUF ITR.
Even the payer of commission may hesitate or decline to pay in HUF name.
Even the payer of commission may hesitate or decline to pay in HUF name.
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