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Regarding Nature of Business in ITR-4

05 October 2010

I use to file e-Tds, e-TCS, AIR return, ROC e-return on behalf of my clients and I don't give any legal advice or something like consultancy, I only e-file returns mentioned above.

Now what should I mention the code in "Narure of Business" in ITR-4

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2 Replies

vkbothra (Learning ) (690 Points)
Replied 05 October 2010

You can use Code No. - 607 "professional Other" as Nature of Business

also you can take benefit of U/s 44AA, (no need to maintain books) if the net income is less than 120000/-.

;)

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ashish (Private Service) (26 Points)
Replied 20 June 2013

Hi. I got a question regarding nature of business in ITR 4. my client is writing account of another company from home. he does not provide any consultancy. which code to choose.

Further can i get a link or page where we can get all code in ITR 4, in full mentioning every code specifically which business or profession is included.

Thanks in advance.