Business code for speculation business for i.tax return

ITR 16673 views 6 replies

Can anyone tell me the business code to be discloed in ITR 3 for Speculation Business?

I also want to know whether in case of filing return of partner, is it required to mention business code?

 

Thank You.

Replies (6)

1. Speculative business can be product or goods specific, but in general '13018' can be useful.

2. Code of firm not necessary. Code to be mentioned if partner is also doing the business under proprietorship.

Thank You Sir...

Most Welcome, Dear ........

sorry to override Mr. Dhirajlal Rambhia Sir 

but these codes starting 130... for intermediateries (brokers) and not for person investing in stock as speculative 

sir refer appropriate business code 

From legal terminology perspective, is housewife conducting a home tuitions is that a "Business" or "Profession"?

I have the same question? 

Housewife conducting home tuitions is 'Business' or 'Profession'?


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