Nature of business in ITR form

286 views 1 replies
a person engaged in sales and and purchases of share through brokers and income from sales of shares treated as busniss income.
then while filling ITR form what should be the nature of business.
Replies (1)
Since no specific head available related to trading in stock market, one can show nature of business under code ā€œ09028- Retail sale of other products n.e.cā€. You should not be using 13015 which comes under "Financial Inter-mediation Services" as you are not providing a service as Stock brokers, sub-brokers and related activities.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register