Business codes profits assumed in proprietorship business
This query is : Resolved
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26 December 2021
in proprietorship business what is the profit assumed under of business codes 16019, 14001, 14002, 14009, 14010, 14005, 15003 ?
does it create any problem if business code is changed from previous year? professional to business
what is different in ada or ad in business codes?
does it create any problem if business code is changed from previous year? professional to business
what is different in ada or ad in business codes?
26 December 2021
What is the nature of your business.
26 December 2021
business fits in all these codes mostly but want to know what is the profit assumed for these business codes thanks
27 December 2021
any help ?
27 December 2021
Disclose nature of your business not the codes I am not conversant with so many codes.
28 December 2021
it / software related but not purely development or consultation
28 December 2021
50% profit has to be assumed in case you are a engineering professional providing IT services.
44AD can be opted if you are employed people and having office accommodation.
44AD can be opted if you are employed people and having office accommodation.
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