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Ankit Vyas   27 September 2021

Gift articles code

Hello i want file income tax return for a person who is doing a business of gift articles. Which itr should I have to fill and which business code I have to select?

 1 Replies

Dhirajlal Rambhia

Dhirajlal Rambhia (SEO Sai Gr. Hosp.)     27 September 2021

For 'no books of account' case, you can file ITR 4; by declaring PGBP income under presumptive assessment. (or u/s. 44AD) with 6/8% profit margin.

Use code '09028'

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