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Issue ID: 119623
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Commission Income

Date 20 Feb 2025
Replies1 Reply
Views 1496 Views
HUF commission income can be treated as business income, allowing a Hindu Undivided Family to receive and report commissions.
A Hindu Undivided Family (HUF) can receive commission income because commission receipts qualify as business income and thus form part of the HUF's business receipts for income tax purposes. (AI Summary)

Can a HUF receive Commission income. Kindly clarify.

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Replied on Apr 8, 2025
1.

Sir, 

Yes. A  HUF can have a commission income since the commission is a business income.

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