Nature of business in job work income

'04097'

Sir

The code mentioned by you is other manufacturing and a person deducted TDS u/s 94C against this kind of job work, so it will be applicable? If I mentioned code other services(21008), it will be any problem?

As such no problem......  but its manufacturing activity rather than service; though TDS u/s. 194C can be deducted in both.....

Last year a person filed ITR4 with code trader others, can he appiled code Retail sales of other products 09028 for current year, he is a suppler of spare parts of machineries.

a person is assembling sewing machines in a firm.. and getting his income in bank after deduction of TDS u/s 194c.... what will be the nature of business code for that & what will be the business type like 44ad or 44ada etc ??

As such there is no specific code for job work/assembaly ... so you can use '21008'.... and opt for sec. 44AD...

Dear Sir, thanks for reply... As i am filing return on taxcloudindia.com, whenever i am filling code 21008 & selecting 44ad .. it says error as below :-

• Income from Presumptive Profession (Section 44ADA) exists. Please fill the nature of business for the same.

What should i do ??? kindly assist

Both the utilities released by ITD (be it ITR3 or ITR 4).... as on e-filling site are accepting code  '21008' only under sec. 44AD...... and not u/s. 44ADA....

So, what should be done??? !!!

Sir,

 May i talk to you personally...???

Not needed.... Just file ITR 4 downloaded from IT website, before its too late. If required take help of any local expert..

Income from Job Work ke liye konsa ITR file hoga , ITR 3 ya ITR 4

ITR 4 is the answer. The returns will be filed under ITR4

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The nature of job work income refers to the type of income earned through employment or working for someone else. It is derived from performing specific tasks, duties, or services for an employer in exchange for compensation