HUF ALLOWD BUSINESS

[pratik jain]

Dear all,

Kindly share your valuable view regarding to following issue:-

I want to know that whether HUF can allowed to do business of Real Estate Brokership & if not then I am interested to know which type of business it can able to do?

Thanking you in anticipation

[CAGOPALJI AGRAWAL]

It can do the business provided other criteia like investment in business etc is required.

AI Summary

HUF business capacity: HUF may carry on real estate brokership subject to meeting investment and ancillary business criteria.
HUF may undertake a real estate brokership business provided it meets ancillary conditions and investment requirements; permissibility depends on satisfying those additional criteria rather than any categorical prohibition.