Income Tax Return
dhiren bole (127 Points)
04 July 2018
If a person has his main income from purchase and sale of land what whould be the nature of business code?
4 Replies
KOUSHAL JAIN
(Chartered Accountant)
(471 Points)
Replied 04 July 2018
REAL ESTATE AND RENTING SERVICES
Purchase, sale and letting of leased buildings (residential and non-residential) 07001
Operating of real estate of self-owned buildings (residential and non-residential) 07002
Developing and sub-dividing real estate into lots 07003
Real estate activities on a fee or contract basis 07004
Other real estate/renting services n.e.c 07005
dhiren bole
(127 Points)
Replied 04 July 2018
Sir whould the nature of bussiness code be 07005 for purchase and sale of land bussniess?
KOUSHAL JAIN
(Chartered Accountant)
(471 Points)
Replied 04 July 2018
YES Other real estate/renting services n.e.c 07005
Dinesh
(Finance Officer)
(61 Points)
Replied 19 September 2018
Dear Sir,
If assesse opted the " Other real estate/renting services n.e.c 07005 " is there there any CST Rules applicable ?
Recent Topics
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
- MAHARASHTRA CHARITY COMMISSIONER WEBSITE
- Explanation 3 to section 11(1) read with section 4
- Ammendment in Partnership On Death of Partner and
- TDS Provisions applicability Tax Audit Individual
- NAME CHANGE OF HUF
- Advisory for Reporting TDS Deducted by scrap Deale
- Section 194 J Technical Service/Professional Servi
- Solving of Export Related Problems
Related Threads
CAclubindia
