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

17 June 2015 should come under profession. use the residual code for professions. 0607

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

17 June 2015 the code should remain same irrespective of the nature of entity. what matters are the activity undertaken

17 June 2015 sir,

Net profit Percentage on gross receipts for firms how much % we mention,

Thanking you

17 June 2015 dear archana..that is for you to decide as a consultant...thats the part of your value creation to the client..

17 June 2015 Sir,

Thank you so much for your help , to clarify my doubts.


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