PLEASE SPECIFY THE CODE OF NATURE OF BUSINESS FOR A CONTRACTOR OF SUPPLYING LABOUR IN DIFFEREN COMPANIES?
RAHUL SHARMA
(student)
(149 Points)
Replied 24 June 2018
PLEASE SPECIFY THE CODE OF NATURE OF BUSINESS FOR A CONTRACTOR OF SUPPLYING LABOUR IN DIFFEREN COMPANIES?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171203 Points)
Replied 25 June 2018
'16014' Labour recruitment and provision of personnel......
Rishi
(Others)
(353 Points)
Replied 25 June 2018
SIR, PERSON HAVING "ACUPRESSURE MASSAGE THERAPY" INCOME. 285500/- HE HAS JUST LOCAL KIND OF DIPLOMA / CERTIFICATE.AND HE ALSO HAS COMMISSION INCOME 194H FROM PRIVATE COMPANY IN 26AS (15137.00) WITH TDS (760.00) .
CAN I FILE ITR-4 WITH NET PROFIT NEAR ABOUT 255000 ?
PLZ SUGGEST CODE .
Rishi
(Others)
(353 Points)
Replied 25 June 2018
SIR, PERSON HAVING "ACUPRESSURE MASSAGE THERAPY" INCOME. 285500/- HE HAS JUST LOCAL KIND OF DIPLOMA / CERTIFICATE.AND HE ALSO HAS COMMISSION INCOME 194H FROM PRIVATE COMPANY IN 26AS (15137.00) WITH TDS (760.00) .
CAN I FILE ITR-4 WITH NET PROFIT NEAR ABOUT 255000 ?
PLZ SUGGEST CODE .
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171203 Points)
Replied 26 June 2018
As such for commission income you have to file ITR3, but it being small amount can be declared under IFOS..... and that may allow him to file ITR 4 u/s. 44ADA.
Rishi
(Others)
(353 Points)
Replied 29 June 2018
SIR, PLZ TELL ME ABOUT COMPUTER (PC) DEP. FULL RATE FOR A.Y. 2018-19.
Rishi
(Others)
(353 Points)
Replied 02 July 2018
SIR, PERSON HAS HOUSE PROPERTY INCOME FROM MOBILE TOWER (CONTRACT SIGNED FOR 3 YEARS) RS. 100000/- PER YEAR AND ROOM RENT RECEIVED RS. 100800/- (NO. OF ROOMS 7).
1. IS IT TOTALLY HP INCOME?
2. IF YES THEN WHICH ITR APPLICABLE?
3. IS THERE ANY BUSINESS CODE APPLICABLE?
PLZ ANS
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171203 Points)
Replied 02 July 2018
Is mobile tower in the same compound or on terrace of building?
Room rents should be under business income.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171203 Points)
Replied 02 July 2018
If the ground is compound of the building......... Income from HP
Otherwise ..... Income from Other Sources.....
sachin
(Tax consultant)
(22 Points)
Replied 03 July 2018
Rishi
(Others)
(353 Points)
Replied 03 July 2018
R/ Sir, u suggested me about ifos instead of business income for a lady doing stiching clothes work in her home.
what to do-
itr-1as salary income?
or
itr-3 as no account case?
can i make balance sheet for stiching work temporarly with above case ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171203 Points)
Replied 03 July 2018
@ Sachin..... '04060' ... but if you wish to classify under furniture than '04092'
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