I am sole proprietor i am filing under presumptive income tax act.
If I file under 44ADA for client software development and under 44AD for App Store app sales (with 194O TDS), which business/profession codes should I use for each respectively?
For client software development under 44ADA, I understand 14001 – Software Development is appropriate.
For app store income under 44AD (with 194O TDS), which code should I use:
• 14004 – Database activities and distribution of electronic content, or
• 09028 – Retail sale of other products n.e.c.?
Or should I use a single code for both?
Please advise.