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Nature of business

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 December 2016 if an assessee sells colddrink and other packed snacks in retail to final consumer,while filling income tax return,what can be descriprition for nature of business?
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
23 December 2016 You can use trading retailers -0202 code
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Querist : Anonymous

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Querist : Anonymous (Querist)
23 December 2016 thank you sir for reply,will it make any difference if i use 0204-trading-other?
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
23 December 2016 No much difference, but it is better to use Trading retailers rather than trading others.
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Querist : Anonymous

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Querist : Anonymous (Querist)
23 December 2016 thank you very much sir....

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