Business code forr ITR

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Practice
1361 Points Posted on 20 May 2021
What is the business code for Retail Medical Store?
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On 20 May 2021 at 16:27 Report
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This discussion clarifies the appropriate business code for a retail medical store when filing Income Tax Returns (ITR). While codes like 9023 and 9028 were considered, the consensus leans towards using code 18009. This is recommended to avoid potential issues and defective notices from the tax department, making it the most suitable choice for accurate filing.

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Chartered Accountant
24588 Points Posted on 20 May 2021
It should be 9023 of 9028
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On 20 May 2021 at 17:34
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Practice
1361 Points Posted on 20 May 2021
Can it be 18009?
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On 20 May 2021 at 17:55
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Learner
2398 Points Posted on 20 May 2021

Yeah you can go with 18009 for better apt

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On 20 May 2021 at 19:53
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Practice
1361 Points Posted on 20 May 2021
Ok..Thank u
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On 20 May 2021 at 19:54
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Chartered Accountant
24588 Points Posted on 20 May 2021

Yes 18009 may be select as 9023 may not be accepted as defective notice may be initiated by department

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On 20 May 2021 at 20:18
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Practice
1361 Points Posted on 20 May 2021
Okay.
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On 20 May 2021 at 20:48
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tax consultant
3306 Points Posted on 20 May 2021
Ramaraju has good finding. 18009 seems most appropriate
2 Reply
On 20 May 2021 at 21:22

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