List of Businesses that cannot opt for presumptive taxation scheme u/s 44AD [Defective ITR-4]

List of Businesses that cannot opt for presumptive taxation scheme u/s 44AD [Defective ITR-4] Here is the list of codes that cannot opt for Filing IT…

CA Pratibha Goyal

Jun 17, 2022

Last update on Jun 17, 2022

List of Businesses that cannot opt for presumptive taxation scheme u/s 44AD [Defective 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_1: 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.

About Author

CA Pratibha Goyal

Co Founder

CA Pratibha Goyal is Chartered Accountant qualified in 2016, is a Member of The Institute of Chartered Accountants of India having wide experience in the field of Auditing, Taxation, ROC, GST and Secretarial matters etc. She has written over a thousand articles & has made several videos on topics related to Auditing & Taxation. As a Speaker she has delivered various sessions on various branches of NIRC of ICAI.