Business code itr4

a person having shop do business by giving drilling machines and paint stools for rent what would be business code
Replies (5)
Quick Summary
This discussion clarifies the appropriate business code for a shop that rents out equipment such as drilling machines and paint stools. It confirms that income from such a business can be declared under Section 44AD of the Income Tax Act, allowing for filing under IT-R4 with a 6% income declaration.

'08007'                          

Can Itr4 can be filed 6% income

Yes, you can declare the income u/s. 44AD IT act.

Thank you Dhirajlal sir

You are welcome.                 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
ARTICLESHIP 08 August 2026
Article Assistant

Sanath Sheshagiri & Co.

Bengaluru

CA Inter

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
08 August 2026
International Corporate Tax Advisory

Shulke

Bengaluru

CA

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details