Comes under business or profession which code mentioned
This query is : Open
10 June 2015
sir
overseas education consultancy it comes business or profession, which code mentioned in itr form nature of business column , so i request you kindly help me.
Thanking you
overseas education consultancy it comes business or profession, which code mentioned in itr form nature of business column , so i request you kindly help me.
Thanking you
Nikhil Kaushik
(Expert)
17 June 2015
should come under profession. use the residual code for professions. 0607
Message likes :
1 times
17 June 2015
overseas educational consultancy is running under partnership firm, the same firm we treat professional and the same code mention in ITR 5 Form. it is ok or not
Nikhil Kaushik
(Expert)
17 June 2015
the code should remain same irrespective of the nature of entity. what matters are the activity undertaken
Message likes :
1 times
17 June 2015
sir,
Net profit Percentage on gross receipts for firms how much % we mention,
Thanking you
Net profit Percentage on gross receipts for firms how much % we mention,
Thanking you
Nikhil Kaushik
(Expert)
17 June 2015
dear archana..that is for you to decide as a consultant...thats the part of your value creation to the client..
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Visiting card purchase
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Query on effect of registration of property
- Equity Share Sale and Purchase
- Wrong CMPo8 file
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Whether output tax is taken credit by purchaser
- Number of years as per AS amortisation of Goodwill
- Additional trade name
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
