I get my revenue from Online Advertising.
Can I opt for the Presumptive Taxation under 44ad as a Business with a code "16006 - Advertising"
Thank you.
prasad Nilugal
( GST Practitioner & Accounts )
(14644 Points)
Replied 25 February 2022
prasad Nilugal
(3914 Points)
Replied 25 February 2022
Ajju Dev
(Software Engeneer)
(28 Points)
Replied 25 February 2022
No its not an agency. Online Advertising through Platforms like Google Adsense.
In the new Income tax portal the code 16006 is listed under Business and not Profession in the Itr-4.
RichardEsterly
(unilever)
(22 Points)
Replied 27 October 2022
If you are a business and you want to advertise online then there are certain codes that you need to meet. Business marketing is important but if your business is not up to date, then it will not have any effect on your market. Here you check this https://us.calmerry.com/depression-therapy/ and get more new tips for the latest treatment things. Your customers can also tell if your website was built by someone who knows what they are doing or someone who just has an internet connection and put everything together. There are many factors that need to be taken into consideration with the setup of your marketing online. Each factor is significant when it comes to setting up the correct advertising code so that it keeps coming back time after time because they know they can trust you and have their needs met by you.
Arisha ansari
(4 Points)
Replied 12 May 2023
Here are some points about the business code for online advertising:
The business code for online advertising is typically classified under the advertising, marketing, and public relations category.
The specific business code for online advertising may vary depending on the nature of the business and the type of advertising being conducted.
In the United States, the North American Industry Classification System (NAICS) code for online advertising is typically 541810.
This code includes businesses engaged in planning, creating, and placing advertisements for online media, as well as businesses that provide related services such as web design, search engine optimization (SEO), and social media marketing.
The NAICS code for online advertising is used by government agencies, financial institutions, and other organizations to track industry trends and statistics, and to classify businesses for regulatory and tax purposes.
Other countries may have their own classification systems for online advertising, and the specific code may vary depending on the region and industry.
Overall, understanding the business code for online advertising can be useful for regulatory compliance and industry benchmarking purposes.
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