Nature of business codes under 44ada

Hello Fellows,

I want to know what NOB codes are applicable for 44ADA last year it was from 601-607 , but this year codes have changed.

I believe Codes 16001 to 16009 are eligible for 44ADA this year, please confirm.

Regards

Ranjit Singh

Replies (6)

44ADA Covers 

Legal profession 16001

Accounting, book-keeping and auditing profession 16002

Tax consultancy 16003 ( ?)

Architectural profession 16004

Engineering and technical consultancy 16005

Interior decoration 16008

Medical profession 18001-18017

R/sir,  A PERSON DOING (RMP) PRACTICE CUM RETAIL MEDICAL STORE, HE HAS NOT A PROFESSIONAL DEGREE, HIS TOTAL SALE IS ABOUT 3.5 LAC per annum. HIS MOSTLY SALE IS WITHOUT BILLS. HE FILED LAST 3 YEARS INCOME TAX RETURNS IN 44AD WITH LIMITED PROFFIT UNDER (0202-Trading [Retailers] BUSINESS CODE. BUT THIS YEAR (A.Y. 2018-19) NATURE OF BUSINESS CORES ARE CHANGED.

PLZ TELL ME NOW WHICH CODE IS SUITABLE FOR MENTIONED PERSON.

THANKS

Thank you Mayur Todmal for clearing things.

Found the full list of business code in pdf format ... 

uploading here for ready reference...

 

Please let me know if Income under ITR code 16013 is eligible for the benefit under sec 44ADA?

Please let me know if Income under ITR code 16013 is eligible for the benefit under sec 44ADA?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details