Business code

Please help to know business code for coaching class to file ITR 3 or ITR-4 for A. Y. 2020-21. Also suggest which ITR is best for me Under 44ADA
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Quick Summary
This discussion helps a coaching class owner determine the correct business code for filing their Income Tax Return (ITR) for AY 2020-21. The recommended business code is 17006. It also clarifies eligibility for the presumptive taxation scheme under Section 44ADA, noting that coaching services typically don't fall under the 'eligible profession' criteria for this scheme.

You are eligible for presumption taxation scheme under section 44AD.

Section 44ADA is available for only eligible profession and your services are not covered under eligible profession

Business code for Coaching/tuition- 17006.
Let me know I will go for ITR-3 or ITR-4
ITR- 4
Thanks very much.

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