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Nature of business code while filing itr

4534 views 12 replies
In case of having tailoring income, which nature of business code should be selected and whether itr can be filed under 44AD
Replies (12)

Yes, sec. 44AD can be opted.........for '0714' code

thankyou sir

Most Welcome.....

sir this old code , in ass yr 18 - 19 it was changes , pl. give new code

Manufacture of wearing apparel ..... 04028

SIR IF I HAVE A READY MADE GARMENTS SHOP THE IN NATURE OF BUSINESS WHAT I SHOULD SHOW.

AND IF SOMEONE HAVE A KIRANA AND GENERAL STORE THEN WHICH CODE TO BE APPLIED IN NATURE OF BUSINESS IN ITR.

 
SIR IF I HAVE A READY MADE GARMENTS SHOP THE IN NATURE OF BUSINESS WHAT I SHOULD SHOW.

For Income tax business code........ you can use.... '09024'

Originally posted by : ABHI AGR
AND IF SOMEONE HAVE A KIRANA AND GENERAL STORE THEN WHICH CODE TO BE APPLIED IN NATURE OF BUSINESS IN ITR.

 

'09028' for Retail sales

Sir,

If I have a RETAIL BUSINESS SHOP OF SOUND SYSTEM,i.e., Amplifiers, mic & speakers,  what should I show in Nature of Business Code-sub Sector head for AY 2019-20 ITR filing? I am filing ITR 3. My business is proprietorship.

Waiting for your response...

Sir,

If I have a RETAIL BUSINESS SHOP OF SOUND SYSTEM,i.e., Amplifiers, mic & speakers,  what should I show in Nature of Business Code-sub Sector head for AY 2019-20 ITR filing? I am filing ITR 3. My business is proprietorship.

Waiting for your response...

Check either of '09025' or '09028' whch suites you most...


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