19 March 2011
In the ITR-4, assessees are required to mention Code of the Nature of Business, as per the list given in the Instructions. Please suggest me which is the appropriate Code for Insurance Agents and Mutual Fund Agents -- 301 (General Commission Agent) or 0714 (Service Sector)or 0809(Financial service Sector). its notable that the Forex Dealers are described in Service Sector while Share Brokers are in Financial Service Sector. Kindly suggest
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