26 August 2018
If someone carries on the work of getting the roof made using plaster of paris (POP) on a contract basis then 1) Which business code should he use ? 2) Can he declare u/s 44AD declaring 10-12% profit ?
26 August 2018
1. If construction then use "Other construction activity n.e.c. 06010".
If other than construction use "Other services n.e.c. 21008"
2. Yes... He can declare u/s 44ad. And above said profit....
CAclubindia
