What should be the business code in itr for mandi aarthi (buying potato from farmer and selling it in market)?
And what should be the nature of income, i.e. Commission income or trading income or something else?
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ITR Business code for Mandi Aarthi
Replies (5)
Whether he is just commission agent, or purchases outright from farmers.
Check the payment style.
He sells and receives in bank and then withdraw and pays to farmers in cash
1. Trading income
2. Code '09006'.
Ok sir, thanks
You are welcome.
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