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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

Hindu Undivided Family (HUF) Allowed to Conduct Real Estate Brokerage if Investment Criteria are Met An individual inquired about whether a Hindu Undivided Family (HUF) is permitted to engage in real estate brokerage. The response from a chartered accountant clarified that an HUF can conduct such a business, provided it meets other necessary criteria, such as investment requirements. (AI Summary)
Income Tax
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CAGOPALJI AGRAWAL on Oct 12, 2012

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

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