Bussiness code ? in it

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177 Points Posted on 29 May 2021
whats is bussiness code & itr form in IT return for loading auto service
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On 29 May 2021 at 11:41 Report
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This discussion clarifies the meaning of 'business code' and its relevance for IT returns in the IT sector. It suggests business code 11015 for auto services and explains the suitability of ITR 3 or ITR 4 depending on whether presumptive taxation is chosen. The importance of selecting the correct ITR form based on specific conditions is highlighted.

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Chartered Accountant
24588 Points Posted on 29 May 2021
File ITR 3
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On 29 May 2021 at 14:01
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2742 Points Posted on 30 May 2021
I think itr 4 and 44AE can also be opt for it , if conditions are met
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On 30 May 2021 at 07:18
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177 Points Posted on 30 May 2021
Ok thanks
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On 30 May 2021 at 10:32
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Chartered Accountant
24588 Points Posted on 31 May 2021
You should make clear with others also
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On 31 May 2021 at 12:39
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146 Points Posted on 02 June 2021
For auto service , I think business code is 11015, YOU CAN USE ITR3 OR 4, IF YOU ARE GOING FOR PRESUMTIVE TAXATION THEN USE ITR 4 OTHERWISE ITR 3
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On 02 June 2021 at 08:33

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