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Question ID : 31649

HUF- Type of income

Can HUF earn any type of income or particular type of income or there is any restriction ?

Posted by samirkumar gokulbhai kasvala on May 25, 2018

Filed Under DIRECT TAXES

Answer ID : 68688

HUF CAN EARN ANY TYPE OF INCOME. THERE ARE NO RESTRICTIONS

Posted by CA. JAIN JAWAHAR LAL on May 26, 2018
Answer ID : 68691

HUF cannot have income from salary. Huf can have income from rental of Immovable property, Business Income, Capital Gain Income from other soucres.

Posted by CA. SATISH CHAND GARG on May 26, 2018
Answer ID : 68709

no restriction

Posted by VINAY BHARGAV KUMAR G on May 29, 2018
Answer ID : 69816

no restriction at all....

Posted by SIVADAS CHETTOOR on Jun 24, 2018