Freelance Business code
This query is : Resolved
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25 August 2025
Hi,
I am a freelancer providing professional services(U S Mortgage related) and tds deducted under section 194J. ( Income is under 5 lakhs)
Exactly under which section Do I need to show my income whether in section 44AD or 44ADA?
Because the business code suitable is 16019 - other professionals services. But this code is available under 44AD only and not under 44ADA.
So, can I use 16005 - engineering & technical consultancy code which is available under 44ADA.
I am a freelancer providing professional services(U S Mortgage related) and tds deducted under section 194J. ( Income is under 5 lakhs)
Exactly under which section Do I need to show my income whether in section 44AD or 44ADA?
Because the business code suitable is 16019 - other professionals services. But this code is available under 44AD only and not under 44ADA.
So, can I use 16005 - engineering & technical consultancy code which is available under 44ADA.
25 August 2025
Yes, considering it as technical consultancy....
25 August 2025
Thank you for the response.
26 August 2025
You are welcome.
21 September 2025
Good luck....
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