List of Businesses that cannot opt for presumptive taxation scheme u/s 44AD [Defective under ITR-4]
Here is the list of codes that cannot opt for Filing ITR 4 or in simple terms List of Businesses that cannot opt for presumptive taxation scheme u/s 44AD.
If you are using these codes, your ITR-4 Form is likely to become defective.
9005: General commission Agent
14001: Software development
14002: Other software consultancies
14003: Data processing
14004: Database activities and distribution of electronic content
14005: Other IT enabled services
14006: BPO services
14008: Maintenance and repair of office, accounting, and computing machinery
16001: Legal profession
16002: Accounting, book-keeping, and auditing profession
16003: Tax consultancy
16004: Architectural profession
16005: Engineering and technical consultancy
16007: Fashion designing
16008: Interior decoration
16009: Photography
16013: Business and management consultancy activities
16018: Secretarial activities
16019: Medical Profession
16020: Film Artist
18001: General hospitals
18002: Specialty and super-specialty hospitals
18003: Nursing homes
18004: Diagnostic centers
18005: Pathological laboratories
18010: Medical clinics
18011: Dental practice
18012: Ayurveda practice
18013: Unani practice
18014: Homeopathy practice
18015: Nurses, physiotherapists, or other para-medical practitioners
18016: Veterinary hospitals and practice
18017: Medical education
18018: Medical research
18019: Practice of other alternative medicine
18020: Other healthcare services
20010: Individual artists excluding authors
20011: Literary activities
20012: Other cultural activities N.E.C.
