Chintan0989 (abc) (27 Points)
24 July 2018In AY 2018-19 all business code is changed now. Previous year AY 2017-18 used 607 for IT enable servervices.
Can anyone help me here which business code, which business code should i select for AY 2018-19?
Nature of Business is Outsourcing for IT Services.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(169323 Points)
Replied 24 July 2018
'14005' Other IT enabled services
Chintan0989
(abc)
(27 Points)
Replied 24 July 2018
But i am professional IT engineer. What is difference between "16019" or "14005"?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(169323 Points)
Replied 25 July 2018
When the department has segregated 'COMPUTER AND RELATED SERVICES' .... there should be some reason.....
Chintan0989
(abc)
(27 Points)
Replied 25 July 2018
Currently i am filing return ITR 4 under Presumptive income under 44ADA(Profession).
Is which business code suitable between 16019 or 14005 for 44ADA section?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(169323 Points)
Replied 25 July 2018
You will be more comfortable with 16019....... so, no problem....
Aneesh Kumar
(5 Points)
Replied 12 August 2018
I have a software related business and last time i have selected 0505 as business code for filing as per 44AD
What should I select for this year ITR4 - Presumptive income under 44AD,
My business is less than 40L tournover
Pls suggest
uma
(executive)
(42 Points)
Replied 29 November 2018
We have received filed itr 4 busniess code 14005 but received notice u/s 14005.kindly provided assistance whether code is correct or not ??
uma
(executive)
(42 Points)
Replied 29 November 2018
jobeesh john
(2 Points)
Replied 06 February 2019
code 14005 is under 44AD? my ITR comes defective says code 14005 is not under 44AD, what is the best solution, to argue or accept?
CAclubindia
