What should be the business code in itr for mandi aarthi (buying potato from farmer and selling it in market)?
And what should be the nature of income, i.e. Commission income or trading income or something else?
Menu
ITR Business code for Mandi Aarthi
Replies (5)
Whether he is just commission agent, or purchases outright from farmers.
Check the payment style.
He sells and receives in bank and then withdraw and pays to farmers in cash
1. Trading income
2. Code '09006'.
Ok sir, thanks
You are welcome.
Recent Topic
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
Related Topics
CAclubindia
