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?
Ankit Vyas (1 Points)
27 September 2021Hello 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?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160327 Points)
Replied 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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