BUSINESS CODE FOR CONTRACTORS


This query is : Resolved 

Quick Summary
For contractors offering services and reporting income under Section 44AD, the business code commonly used in ITR-3 is 06010 for Other Construction Activities NEC. Income can be declared at 8% under presumptive taxation if eligible.

18 June 2023 I need to know business code for Contractors. One of my friend did contract for a software company and company deducted Tax u/s 194C.Now he wants to show the amount received Under 44AD at 8% as profit. Please let me know the business code to be filled in ITR-3 form as he is also having LT capital gains and salary.

18 June 2023 Other construction activity n.e.c. 06010


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
14 August 2026
Semi Qualified

Goyanka & Associates

New Delhi

CA Inter

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
21 August 2026
Accountant

A G International

Kolkata

B.Com

View Details