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.