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Business Code for ITR 4

Suraj Agarwal (Self Practitioner in Income Tax & GST) (782 Points)

12 September 2020

PLZ HELP ME......What is business code for meat retail sale in non specialised store in ITR 4 ???

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3 Replies

prasad Nilugal (3909 Points)
Replied 12 September 2020

Retail sale of meat in specialized Store or in non specialized Store . please check and reply.

prasad Nilugal ( GST Practitioner & Accounts ) (14145 Points)
Replied 12 September 2020

1) If meat is under food & beverage then code will be 09023

2) if meat is under other product than code will be 09028

please refer Income Tax rules F.Y 2020-21 and Assessment year 2021-22 and confirm or confirm from Income Tax web site WWW. INCOMETAX .GOV.IN

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gayleerollins87 (none) (22 Points)
Replied 23 December 2021

I am not that much clear about my thoughts but as I know 80p deduction is for cooperative societies who indulge in the special activity, and I think once I had made a post https://bizop.org/ for an 80d explanation but right now I am not able to make you an exact answer.