Business code and income

You can show it as a professional income and can opt ITR 4  (Presumptive Basis)

Originally posted by : ANIL KUMAR KHETAN
	1 Income from job works on computer - business code  -    2. Business income or professional income, please guide me

Plaese tell the Job works details...

Any data entry related job or Servicing works based on computers?

Sir can you specify the nature of work?

You may choose Profession income and code is16003 and you can opt for ITR 4 ie on presumtive basis declare 50% or more of gross receipt as income as per section 44ADA.

Otherwise you can opt business income(service) and decalare 8% or more of your gross receipt as income under section 44 AD(if you are not providing any accounting and book keeping service)