ITR-4: Two business

This query is : Resolved 
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This discussion addresses how to correctly report two businesses under the same business code (21008-Other services n.e.c.) in the ITR-4 form. While the businesses may have different activities and even different names (as they are proprietorships), the advice given is to book both incomes separately. It's clarified that even if the business code is the same, if the activities and names are distinct, they should be accounted for appropriately.

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(Querist)
02 September 2023 I have two business, and the business code for both business is "21008-Other services n.e.c.".

In ITR-4, do I need to add two business with same business code or do I need to specify it only once?

Thank you for your kind help.
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RAJA P M

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RAJA P M (Expert)
02 September 2023 Both business have different name and activities then show the code twice....
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sai reddy

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sai reddy (Querist)
02 September 2023 Both businesses have different activity but have same name as my name, as they are proprietorship.
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RAJA P M

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RAJA P M (Expert)
03 September 2023 No possibility for Same Business name and Same code. But, You can book both income .
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sai reddy

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sai reddy (Querist)
06 September 2023 Thank you sir for your kind guidance
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