• Which purpose code to use?

Which purpose code should I use if I provide 3d rendering, design etc services to individual clients who may or may not use them for personal or commercial purpose.
Asked 9 days ago in Income Tax

- P1101 

- P0806 is related to information services

 

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Vivek Kumar Arora
CA, Delhi
5014 Answers
1136 Consultations

Use P1101Business and Management Consultancy and Public Relations Services – for 3D rendering/design services, as it covers professional/technical services provided to clients, regardless of end use.

Using P0806 (Information Services) earlier is not a major issue if services were tech-related, but for design/rendering work, P1101 is more accurate and preferred by RBI.

Switch to P1101 going forward.

Shubham Goyal
CA, Delhi
429 Answers
11 Consultations

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