Revised Nature of Business or Profession Codes for ITR Forms – AY 2018-19

Nature of Business or Profession Code is required to be furnished in ITR 3, ITR 4, ITR 5 and ITR 6. In the new Income tax return (ITR) forms for A.Y 2018-19, below changes are made in Nature of Business or Profession Codes. 

Major Changes

  1. For Partners new code has been introduced for showing share of income from partnership firm.
  2. Number of Sectors has been increased from 9 to 22
  3. Number of classification has been increased from 74 to 345
  4. Additional sectors which have been classified are
    • Fish Farming with 6 Sub Sectors
    • Renting of Machinery with 9 Sub Sectors
    • Social and Community Work with 9 Sub Sectors
    • Research and Development with 3 Sub Sectors
    • Extra Territorial Organisations and Bodies
  5. Various Business or Professions which were earlier falling under Others; are now been classified under specific Sub Sectors.
  6. Trading Wholesalers and  Trading Retailers have been further sub classified from 2 to 28 Sub Sectors
  7. Trading Others (old code 0204) has not been specifically shown

Important Points to Know

  1. n.e.c. stands for “not elsewhere classified”
  2. New code 00001 – Share of Income from firm only – This code is to be used by the partners for showing Income received from Partnership firm.
  3. New code 09027 – Wholesale of other products n.e.c. (not elsewhere classified) would include wholesale of products other than motor vehicles, sale of motor parts and accessories, agricultural raw material, food & beverages and tobacco, metals and metal ores, household goods, construction material, hardware and sanitary fittings, cotton and jute, raw wool and raw silk, other textile fibres, industrial chemicals, fertilizers and pesticides, electronic parts & equipment, other machinery, equipment and supplies, waste, scrap & materials for re-cycling.
  4. New code 09028 – Retail sale of other products n.e.c. (not elsewhere classified) would include retail sale of products other than textiles, apparel, footwear, leather goods, household appliances, hardware, paint and glass, automotive fuel, motor vehicles, motor parts and accessories, Retail sale of all goods in specialized stores, non-specialized stores, medical suppliers, agencies and stores.
    • For Example : Retail sale of Electrical goods like lights, bulbs, wires etc. 
  5. New code 09023 – Retail sale in non-specialized stores – All local grocery stores, kirana stores, all retail products sold in non – specialized stores.
  6. New code 10012 – Other hospitality services n.e.c. (not elsewhere classified) would include all activities under hospitality services other than Hotels, Motels, Inns and Dharmshalas, Guest houses and circuit houses, Dormitories and hostels at educational institutions, all types of accommodations, all kinds of Restaurants, Canteens, Independent caterers, Casinos and other games of chance.
    • For Example : Supply of Food packets by any means other than restaurants, canteens and catering.
  7. New code 16019 – Other professional services n.e.c. (not elsewhere classified)would include professions other than Legal profession, Accounting, book-keeping and auditing profession, Tax consultancy, Architectural profession, Engineering and technical consultancy, Advertising, Fashion designing, Interior decoration, Photography, Auctioneers, Business brokerage, Market research and public opinion polling, Business and management consultancy activities, Labour recruitment and provision of personnel, Investigation and security services, Building-cleaning and industrial cleaning activities, Packaging activities, Secretarial activities.
    • For Example : Professors, Pilots
  8. New code 17007 – Other education services n.e.c. (not elsewhere classified) would include education services other than Primary, Secondary, Senior secondary, Higher education, Technical and vocational secondary /  Senior secondary education, Education by correspondence, Coaching Centres and all kinds of Tuition
  9. New code 21008 – Other services n.e.c. (not elsewhere classified) would include all services other than Hair dressing and beauty treatment, Funeral and related activities, Marriage bureaus, Pet care services, Sauna and steam baths, massage salons, Astrological and spiritualists’ activities, Private households as employers of domestic staff.
    • For Example : Tailoring services, LIC commission
  10. Old Code 0202 – Trading Retailers is not under Wholesale and Retail Trade Sectors and further sub classified in new codes 09001, 09003, 09004, 09021, 09022, 09023, 09024 , 09025, 09026, 09028 and 18009.
  11. Old code 0203 – Trading Wholesalers is now under Wholesale and Retail trade Sector and further sub classified in 09001, 09003, 09006, 09007, 09008, 09009, 09010, 09011, 09012, 09013, 09014, 09015, 09016, 09017, 09018, 09019, 09020, 09027 and 18009.
  12. Old code 0204 – Trading Others has not been specifically shown
  13. Old code 0301 – Commission Agents (General commission agents) is now under Wholesale and Retail Trade Sector new code 09005 – General commission agents, commodity brokers and auctioneers
  14. Old code 0501 – Civil Contractors is now under Construction Sector and further sub classified in new codes 06001, 06002, 06005, 06010.

How to Choose Correct Business or Profession Code

  1. Select the nature of product or services involved to determine the  sector of business or profession.
  2. Under each Sector the nature of activity involved is to be seen for determining the sub sector.
  3. In case you are undertaking multiple activities, different businesses or profession, then you have to select various codes under different or same trade name.
  4. Each Sector has a others code n.e.c., in case your product or services or activity in not specifically listed in the main classification

Nature of Business Code for AY 2018-19 in Comparison With Old Codes  (AY 2017-18) (PDF)

Sector Sub-Sector New Codes Nature of Business Old Codes
PARTNERS Share of Income from firm only 00001
AGRICULTURE, ANIMAL HUSBANDRY
& FORESTRY
Growing and manufacturing of tea 01001 Manufacturing Industry [Tea, Coffee] 0119
Growing and manufacturing of coffee 01002 0119
Growing and manufacturing of rubber 01003 Manufacturing Industry [Agro-based industries] / Manufacturing Industry [Rubber] 0101 / 0116
Market gardening and horticulture specialties 01004
Raising of silk worms and production of silk 01005 Manufacturing Industry [Agro-based industries] 0101
Raising of bees and production of honey 01006
Raising of poultry and production of eggs 01007
Rearing of sheep and production of wool 01008 Manufacturing Industry [Agro-based industries] 0101
Rearing of animals and production of animal products 01009
Agricultural and animal husbandry services 01010
Soil conservation, soil testing and soil desalination services 01011
Hunting, trapping and game propagation services 01012
Growing of timber, plantation, operation of tree nurseries and conserving of forest 01013
Gathering of tendu leaves 01014
Gathering of other wild growing materials 01015
Forestry service activities, timber cruising, afforestation and reforestation 01016
Logging service activities, transport of logs within the forest 01017
Other agriculture, animal husbandry or forestry activity n.e.c 01018
FISH FARMING Fishing on commercial basis in inland waters 02001
Fishing on commercial basis in ocean and coastal areas 02002
Fish farming 02003
Gathering of marine materials such as natural pearls, sponges, coral etc. 02004
Services related to marine and fresh water fisheries, fish hatcheries and fish farms 02005
Other Fish farming activity n.e.c 02006
MINING AND QUARRYING Mining and agglomeration of hard coal 03001 Contractors [Mining Contractors] 0504
Mining and agglomeration of lignite 03002 Contractors [Mining Contractors] 0504
Extraction and agglomeration of peat 03003 Contractors [Mining Contractors] 0504
Extraction of crude petroleum and natural gas 03004 Manufacturing Industry [Petroleum and Petrochemicals] 0113
Service activities incidental to oil and gas extraction excluding surveying 03005 Service Sector [Others] 0714
Mining of uranium and thorium ores 03006 Contractors [Mining Contractors] 0504
Mining of iron ores 03007 Contractors [Mining Contractors] 0504
Mining of non-ferrous metal ores, except uranium and thorium ores 03008 Contractors [Mining Contractors] 0504
Mining of gemstones 03009 Contractors [Mining Contractors] 0504
Mining of chemical and fertilizer minerals 03010 Manufacturing Industry [Fertilizers, Chemicals, Paints] 0108
Mining of quarrying of abrasive materials 03011 Contractors [Mining Contractors] 0504
Mining of mica, graphite and asbestos 03012 Contractors [Mining Contractors] 0504
Quarrying of stones (marble/granite/dolomite), sand and clay 03013 Manufacturing Industry [Marble & Granite] 0111
Other mining and quarrying 03014 Contractors [Mining Contractors] 0504
Mining and production of salt 03015
Other mining and quarrying n.e.c 03016
MANUFACTURING Production, processing and preservation of meat and meat products 04001 Manufacturing Industry [Others] 0124
Production, processing and preservation of fish and fish products 04002 Manufacturing Industry [Others] 0124
Manufacture of vegetable oil, animal oil and fats 04003 Manufacturing Industry [Vanaspati & Edible Oils] 0123
Processing of fruits, vegetables and edible nuts 04004 Manufacturing Industry [Others] 0124
Manufacture of dairy products 04005 Manufacturing Industry [Others] 0124
Manufacture of sugar 04006 Manufacturing Industry [Sugar] 0118
Manufacture of cocoa, chocolates and sugar confectionery 04007 Manufacturing Industry [Others] / Manufacturing Industry [Sugar] 0124 / 0118
Flour milling 04008 Manufacturing Industry [Flour & Rice Mills] 0109
Rice milling 04009 Manufacturing Industry [Flour & Rice Mills] 0109
Dal milling 04010 Manufacturing Industry [Others] 0124
Manufacture of other grain mill products 04011 Manufacturing Industry [Others] 0124
Manufacture of bakery products 04012 Manufacturing Industry [Others] 0124
Manufacture of starch products 04013 Manufacturing Industry [Others] 0124
Manufacture of animal feeds 04014 Manufacturing Industry [Others] 0124
Manufacture of other food products 04015 Manufacturing Industry [Others] 0124
Manufacturing of wines 04016 Manufacturing Industry [Others] 0124
Manufacture of beer 04017 Manufacturing Industry [Others] 0124
Manufacture of malt liquors 04018 Manufacturing Industry [Others] 0124
Distilling and blending of spirits, production of ethyl alcohol 04019 Manufacturing Industry [Others] 0124
Manufacture of mineral water 04020 Manufacturing Industry [Others] 0124
Manufacture of soft drinks 04021 Manufacturing Industry [Others] 0124
Manufacture of other non-alcoholic beverages 04022 Manufacturing Industry [Others] 0124
Manufacture of tobacco products 04023 Manufacturing Industry [Tobacco] 0121
Manufacture of textiles (other than by handloom) 04024 Manufacturing Industry [Textiles, Handloom, Powerlooms] 0120
Manufacture of textiles using handlooms (khadi) 04025 Manufacturing Industry [Textiles, Handloom, Powerlooms] 0120
Manufacture of carpet, rugs, blankets, shawls etc. (other than by hand) 04026 Manufacturing Industry [Textiles, Handloom, Powerlooms] 0120
Manufacture of carpet, rugs, blankets, shawls etc. by hand 04027 Manufacturing Industry [Textiles, Handloom, Powerlooms] 0120
Manufacture of wearing apparel 04028 Manufacturing Industry [Textiles, Handloom, Powerlooms] / Manufacturing Industry [Others] 0120 / 0124
Tanning and dressing of leather 04029 Manufacturing Industry [Others] 0124
Manufacture of luggage, handbags and the like saddler and harness 04030 Manufacturing Industry [Others] 0124
Manufacture of footwear 04031 Manufacturing Industry [Others] 0124
Manufacture of wood and wood products, cork, straw and plaiting material 04032 Manufacturing Industry [Others] 0124
Manufacture of paper and paper products 04033 Manufacturing Industry [Paper] 0112
Publishing, printing and reproduction of recorded media 04034 Manufacturing Industry [Printing & Publishing] 0115
Manufacture of coke oven products 04035 Manufacturing Industry [Others] 0124
Manufacture of refined petroleum products 04036 Manufacturing Industry [Petroleum and Petrochemicals] 0113
Processing of nuclear fuel 04037 Manufacturing Industry [Others] 0124
Manufacture of fertilizers and nitrogen compounds 04038 Manufacturing Industry [Fertilizers, Chemicals, Paints] 0108
Manufacture of plastics in primary forms and of synthetic rubber 04039 Manufacturing Industry [Rubber] 0116
Manufacture of paints, varnishes and similar coatings 04040 Manufacturing Industry [Fertilizers, Chemicals, Paints] 0108
Manufacture of pharmaceuticals, medicinal chemicals and botanical products 04041 Manufacturing Industry [Drugs and Pharmaceuticals] 0105
Manufacture of soap and detergents 04042 Manufacturing Industry [Others] 0124
Manufacture of other chemical products 04043 Manufacturing Industry [Others] 0124
Manufacture of man-made fibers 04044 Manufacturing Industry [Others] 0124
Manufacture of rubber products 04045 Manufacturing Industry [Rubber] 0116
Manufacture of plastic products 04046 Manufacturing Industry [Others] 0124
Manufacture of glass and glass products 04047 Manufacturing Industry [Others] 0124
Manufacture of cement, lime and plaster 04048 Manufacturing Industry [Cement] 0103
Manufacture of articles of concrete, cement and plaster 04049 0103
Manufacture of Bricks 04050 Manufacturing Industry [Others] 0124
Manufacture of other clay and ceramic products 04051 Manufacturing Industry [Others] 0124
Manufacture of other non-metallic mineral products 04052 Manufacturing Industry [Others] 0124
Manufacture of pig iron, sponge iron, Direct Reduced Iron etc. 04053 Manufacturing Industry [Others] 0124
Manufacture of Ferro alloys 04054 Manufacturing Industry [Others] 0124
Manufacture of Ingots, billets, blooms and slabs etc. 04055 Manufacturing Industry [Others] 0124
Manufacture of steel products 04056 Manufacturing Industry [Steel] 0117
Manufacture of basic precious and non- ferrous metals 04057 Manufacturing Industry [Engineering goods] 0107
Manufacture of non-metallic mineral products 04058 Manufacturing Industry [Engineering goods] 0107
Casting of metals 04059 Manufacturing Industry [Engineering goods] 0107
Manufacture of fabricated metal products 04060 Manufacturing Industry [Engineering goods] 0107
Manufacture of engines and turbines 04061 Manufacturing Industry [Engineering goods] 0107
Manufacture of pumps and compressors 04062 Manufacturing Industry [Engineering goods] 0107
Manufacture of bearings and gears 04063 Manufacturing Industry [Engineering goods] 0107
Manufacture of ovens and furnaces 04064 Manufacturing Industry [Engineering goods] 0107
Manufacture of lifting and handling equipment 04065 Manufacturing Industry [Engineering goods] 0107
Manufacture of other general purpose machinery 04066 Manufacturing Industry [Engineering goods] 0107
Manufacture of agricultural and forestry machinery 04067
Manufacture of Machine Tools 04068 Manufacturing Industry [Engineering goods] 0107
Manufacture of machinery for metallurgy 04069 Manufacturing Industry [Engineering goods] 0107
Manufacture of machinery for mining, quarrying and constructions 04070 Manufacturing Industry [Engineering goods] 0107
Manufacture of machinery for processing of food and beverages 04071 Manufacturing Industry [Food Processing Units] 0110
Manufacture of machinery for leather and textile 04072
Manufacture of weapons and ammunition 04073
Manufacture of other special purpose machinery 04074 Manufacturing Industry [Engineering goods] 0107
Manufacture of domestic appliances 04075 Manufacturing Industry [Others] 0124
Manufacture of office, accounting and computing machinery 04076 Manufacturing Industry [Electronics including Computer Hardware] 0106
Manufacture of electrical machinery and apparatus 04077 Manufacturing Industry [Electronics including Computer Hardware] 0106
Manufacture of Radio, Television, communication equipment and apparatus 04078 Manufacturing Industry [Electronics including Computer Hardware] 0106
Manufacture of medical and surgical equipment 04079 Manufacturing Industry [Drugs and Pharmaceuticals] 0105
Manufacture of industrial process control equipment 04080 Manufacturing Industry [Electronics including Computer Hardware] 0106
Manufacture of instruments and appliances for measurements and navigation 04081 Manufacturing Industry [Electronics including Computer Hardware] 0106
Manufacture of optical instruments 04082 Manufacturing Industry [Electronics including Computer Hardware] 0106
Manufacture of watches and clocks 04083 Manufacturing Industry [Electronics including Computer Hardware] 0106
Manufacture of motor vehicles 04084 Manufacturing Industry [Automobile and Auto parts] 0102
Repair and maintenance of motor vehicles 09002 Trading [Others] / Service Sector [Others] 0204 / 0714
Manufacture of body of motor vehicles 04085 Manufacturing Industry [Automobile and Auto parts] 0102
Manufacture of parts & accessories of motor vehicles & engines 04086 Manufacturing Industry [Automobile and Auto parts] 0102
Building & repair of ships and boats 04087 Manufacturing Industry [Others] 0124
Manufacture of railway locomotive and rolling stocks 04088 Manufacturing Industry [Others] 0124
Manufacture of aircraft and spacecraft 04089 Manufacturing Industry [Others] 0124
Manufacture of bicycles 04090 Manufacturing Industry [Others] 0124
Manufacture of other transport equipment 04091 Manufacturing Industry [Others] 0124
Manufacture of furniture 04092 Manufacturing Industry [Others] 0124
Manufacture of jewellery 04093 Manufacturing Industry [Others] 0124
Manufacture of sports goods 04094 Manufacturing Industry [Others] 0124
Manufacture of musical instruments 04095 Manufacturing Industry [Others] 0124
Manufacture of games and toys 04096 Manufacturing Industry [Others] 0124
Other manufacturing n.e.c. 04097 Manufacturing Industry [Others] 0124
Recycling of metal waste and scrap 04098
Recycling of non- metal waste and scrap 04099
ELECTRICITY, GAS AND WATER Production, collection and distribution of electricity 05001 Manufacturing Industry [Power and energy] 0114
Manufacture and distribution of gas 05002 Manufacturing Industry [Power and energy] 0114
Collection, purification and distribution of water 05003
Other essential commodity service n.e.c 05004
CONSTRUCTION Site preparation works 06001 Contractors [Civil Contractors] 0501
Building of complete constructions or parts- civil contractors 06002 Contractors [Civil Contractors] 0501
Building installation 06003 Builders [Builders] 0401
Building completion 06004 Builders [Builders] 0401
Construction and maintenance of roads, rails, bridges, tunnels, ports, harbour, runways etc. 06005 Contractors [Civil Contractors] 0501
Construction and maintenance of power plants 06006 Manufacturing Industry [Power and energy] / 0114 /
Construction and maintenance of industrial plants 06007
Construction and maintenance of power transmission and telecommunication lines 06008 Manufacturing Industry [Power and energy] / 0114 /
Construction of water ways and water reservoirs 06009 Builders [Others] 0404
Other construction activity n.e.c. 06010 Builders [Others] 0404
REAL ESTATE AND RENTING SERVICES Purchase, sale and letting of leased buildings (residential and non-residential) 07001 Builders [Builders] / Financial Service Sector [Leasing Companies] 0401 / 0805
Operating of real estate of self-owned buildings (residential and non-residential) 07002 Builders [Estate agents] 0402
Developing and sub-dividing real estate into lots 07003 Builders [Property Developers] 0403
Real estate activities on a fee or contract basis 07004 Builders [Estate agents] 0402
Other real estate/renting services n.e.c 07005 Builders [Estate agents] 0402
RENTING OF MACHINERY Renting of land transport equipment 08001
Renting of water transport equipment 08002
Renting of air transport equipment 08003
Renting of agricultural machinery and equipment 08004
Renting of construction and civil engineering machinery 08005
Renting of office machinery and equipment 08006
Renting of other machinery and equipment n.e.c. 08007
Renting of personal and household goods n.e.c. 08008
Renting of other machinery n.e.c. 08009
WHOLESALE AND RETAIL TRADE Wholesale and retail sale of motor vehicles 09001 Trading [Wholesalers] /

Trading [Retailers]

0203 /

0202

Sale of motor parts and accessories-wholesale and retail 09003 Trading [Wholesalers] /

Trading [Retailers]

0203 /

0202

Retail sale of automotive fuel 09004 Trading [Retailers] 0202
General commission agents, commodity brokers and auctioneers 09005 Commission Agents [General Commission Agents 0301
Wholesale of agricultural raw material 09006 Trading [Wholesalers] 0203
Wholesale of food & beverages and tobacco 09007 0203
Wholesale of household goods 09008 0203
Wholesale of metals and metal ores 09009 0203
Wholesale of household goods 09010 0203
Wholesale of construction material 09011 0203
Wholesale of hardware and sanitary fittings 09012 0203
Wholesale of cotton and jute 09013 0203
Wholesale of raw wool and raw silk 09014

0203

Wholesale of other textile fibres 09015

0203

Wholesale of industrial chemicals 09016

0203

Wholesale of fertilizers and pesticides 09017

0203

Wholesale of electronic parts & equipment 09018

0203

Wholesale of other machinery, equipment and supplies 09019

0203

Wholesale of waste, scrap & materials for re-cycling 09020

0203

Retail sale of food, beverages and tobacco in specialized stores 09021 Trading [Retailers]

0202

Retail sale of other goods in specialized stores 09022

0202

Retail sale in non-specialized stores 09023

0202

Retail sale of textiles, apparel, footwear, leather goods 09024

0202

Retail sale of other household appliances 09025

0202

Retail sale of hardware, paint and glass 09026

0202

Wholesale of other products n.e.c 09027 Trading [Wholesalers] 0203
Retail sale of other products n.e.c 09028 Trading [Retailers] 0202
HOTELS, RESTAURANTS AND
HOSPITALITY SERVICES
Hotels – Star rated 10001 Service Sector [Hotels] 0708
Hotels – Non-star rated 10002 Service Sector [Hotels] 0708
Motels, Inns and Dharmshalas 10003 Service Sector [Hospitality services]

0707

Guest houses and circuit houses 10004

Service Sector [Hospitality services]

0707

Dormitories and hostels at educational institutions 10005

Service Sector [Hospitality services]

0707

Short stay accommodations n.e.c. 10006

Service Sector [Hospitality services]

0707

Restaurants – with bars 10007

Service Sector [Hospitality services]

0707

Restaurants – without bars 10008

Service Sector [Hospitality services]

0707

Canteens 10009

Service Sector [Hospitality services]

0707

Independent caterers 10010

Service Sector [Hospitality services]

0707

Casinos and other games of chance 10011 Service Sector [Others]

0714

Other hospitality services n.e.c. 10012 Service Sector [Hospitality services]

0707

TRANSPORT & LOGISTICS SERVICES Travel agencies and tour operators 11001 Service Sector [Travel agents, tour operators] 0713
Packers and movers 11002 Service Sector [Transporters] 0712
Passenger land transport 11003 0712
Air transport 11004 0712
Transport by urban/sub-urban railways 11005 0712
Inland water transport 11006 0712
Sea and coastal water transport 11007 0712
Freight transport by road 11008 0712
Freight transport by railways 11009 0712
Forwarding of freight 11010
Receiving and acceptance of freight 11011
Cargo handling 11012
Storage and warehousing 11013
Transport via pipelines (transport of gases, liquids, slurry and other commodities) 11014 Service Sector [Transporters]

0712

Other Transport & Logistics services n.e.c 11015 Service Sector [Others]

0714

POST AND TELECOMMUNICATION SERVICES Post and courier activities 12001 Service Sector [Courier Agencies] 0704
Basic telecom services 12002
Value added telecom services 12003
Maintenance of telecom network 12004
Activities of the cable operators 12005 Entertainment Industry [Cable T.V. productions] 0901
Other Post & Telecommunication services n.e.c 12006 Service Sector [Others] 0714
FINANCIAL INTERMEDIATION SERVICES Commercial banks, saving banks and discount houses 13001 Financial Service Sector [Banking Companies] 0801
Specialised institutions granting credit 13002 Financial Service Sector [Financial Institutions] 0803
Financial leasing 13003 Financial Service Sector [Leasing Companies] 0805
Hire-purchase financing 13004 Financial Service Sector [Non-Banking Financial Companies] / Financial Service Sector [Others] 0807 / 0809
Housing finance activities 13005 Financial Service Sector [Non-Banking Financial Companies] 0807
Commercial loan activities 13006 Financial Service Sector [Non-Banking Financial Companies] 0807
Credit cards 13007 Financial Service Sector [Others] 0809
Mutual funds 13008 Financial Service Sector [Others] 0809
Chit fund 13009 Financial Service Sector [Chit Funds] 0802
Investment activities 13010 Financial Service Sector [Others] 0809
Life insurance 13011 Financial Service Sector [Others] 0809
Pension funding 13012 Financial Service Sector [Others] 0809
Non-life insurance 13013 Financial Service Sector [Others] 0809
Administration of financial markets 13014 Financial Service Sector [Others] 0809
Stock brokers, sub-brokers and related activities 13015 Financial Service Sector [Share Brokers, Sub-brokers, etc.] 0808
Financial advisers, mortgage advisers and brokers 13016 Financial Service Sector [Others] 0809
Foreign exchange services 13017 Service Sector [Forex Dealers] / Financial Service Sector [Others] 0706 / 0809
Other financial intermediation services n.e.c. 13018 Financial Service Sector [Others] 0809
COMPUTER AND RELATED SERVICES Software development 14001 Service Sector [Software development agencies] 0711
Other software consultancy 14002 Service Sector [Others] 0714
Data processing 14003 Service Sector [Others] 0714
Database activities and distribution of electronic content 14004 Service Sector [Others] 0714
Other IT enabled services 14005 Service Sector [Others] 0714
BPO services 14006 Service Sector [Others] 0714
Cyber café 14007 Service Sector [Others] 0714
Maintenance and repair of office, accounting and computing machinery 14008 Service Sector [Others] 0714
Computer training and educational institutes 14009 Service Sector [Computer training/educational and coaching institutes] 0705
Other computation related services n.e.c. 14010 Service Sector [Others] 0714
RESEARCH AND DEVELOPMENT Natural sciences and engineering 15001
Social sciences and humanities 15002
Other Research & Development activities n.e.c. 15003
PROFESSIONS Legal profession 16001 Professionals [Legal professionals] 0603
Accounting, book-keeping and auditing profession 16002 Professionals [Chartered Accountants, Auditors, etc.] 0601
Tax consultancy 16003 Professionals [Chartered Accountants, Auditors, etc.] / Professionals [Others] 0601 / 0607
Architectural profession 16004 Professionals [Others] 0607
Engineering and technical consultancy 16005 Professionals [Others] 0607
Advertising 16006 Service Sector [Advertisement agencies] / Professionals [Others] 0701 / 0607
Fashion designing 16007 Professionals [Fashion designers] 0602
Interior decoration 16008 Professionals [Others] 0607
Photography 16009 Professionals [Others] 0607
Auctioneers 16010 Professionals [Others] 0607
Business brokerage 16011 Professionals [Others] 0607
Market research and public opinion polling 16012 Professionals [Others] 0607
Business and management consultancy activities 16013 Professionals [Others] 0607
Labour recruitment and provision of personnel 16014 Professionals [Others] 0607
Investigation and security services 16015 Service Sector [Security agencies] / Professionals [Others] 0710 / 0607
Building-cleaning and industrial cleaning activities 16016 Professionals [Others] 0607
Packaging activities 16017 Professionals [Others] 0607
Secretarial activities 16018 Professionals [Others] 0607
Other professional services n.e.c. 16019 Professionals [Others] 0607
EDUCATION
SERVICES
Primary education 17001 Service Sector [Computer training/educational and coaching institutes] 0705
Secondary/ senior secondary education 17002 Service Sector [Computer training/educational and coaching institutes] 0705
Technical and vocational secondary/ senior secondary education 17003 Service Sector [Computer training/educational and coaching institutes] 0705
Higher education 17004 Service Sector [Computer training/educational and coaching institutes] 0705
Education by correspondence 17005 Service Sector [Computer training/educational and coaching institutes] 0705
Coaching centres and tuition’s 17006 Service Sector [Computer training/educational and coaching institutes] 0705
Other education services n.e.c. 17007 Service Sector [Others] 0714
HEALTH CARE SERVICES General hospitals 18001 Professionals [Medical professionals] 0604
Specialty and super specialty hospitals 18002 Professionals [Specialty hospitals] 0606
Nursing homes 18003 Professionals [Nursing Homes] 0605
Diagnostic centers 18004 Service Sector [Others] 0714
Pathological laboratories 18005 Service Sector [Others] 0714
Independent blood banks 18006 Service Sector [Others] 0714
Medical transcription 18007 Professionals [Medical professionals] 0604
Independent ambulance services 18008 Service Sector [Others] 0714
Medical suppliers, agencies and stores 18009 Trading [Chain stores] / [Retailers] / [Wholesalers] / [Others] 0201/ 0202/ 0203/ 0204
Medical clinics 18010 Professionals [Medical professionals] 0604
Dental practice 18011 0604
Ayurveda practice 18012 0604
Unani practice 18013 0604
Homeopathy practice 18014 0604
Nurses, physiotherapists or other para-medical practitioners 18015 0604
Veterinary hospitals and practice 18016 0604
Other healthcare services 18017 Service Sector [Others] 0714
SOCIAL AND COMMUNITY WORK Social work activities with accommodation (orphanages and old age homes) 19001
Social work activities without accommodation (Creches) 19002
Industry associations, chambers of commerce 19003
Professional organisations 19004
Trade unions 19005
Religious organizations 19006
Political organisations 19007
Other membership organisations n.e.c. (rotary clubs, book clubs and philatelic clubs) 19008
Other Social or community service n.e.c 19009
CULTURE AND SPORT Motion picture production 20001 Entertainment Industry [Motion Picture Producers] 0904
Film distribution 20002 Entertainment Industry [Film distribution] 0902
Film laboratories 20003 Entertainment Industry [Film laboratories] 0903
Television channel productions 20004 Entertainment Industry [Television Channels] 0905
Television channels broadcast 20005 Entertainment Industry [Television Channels] 0905
Video production and distribution 20006 Entertainment Industry [Others ] 0906
Sound recording studios 20007 Entertainment Industry [Others ] 0906
Radio – recording and distribution 20008 Entertainment Industry [Others ] 0906
Stage production and related activities 20009 Entertainment Industry [Others ] 0906
Individual artists excluding authors 20010 Professionals [Others] 0607
Literary activities 20011 Entertainment Industry [Others ] 0906
Other cultural activities n.e.c. 20012 Entertainment Industry [Others ] 0906
Circuses and race tracks 20013 Entertainment Industry [Others ] 0906
Video Parlours 20014 Entertainment Industry [Others ] 0906
News agency activities 20015 Entertainment Industry [Others ] 0906
Library and archives activities 20016 Entertainment Industry [Others ] 0906
Museum activities 20017 Entertainment Industry [Others ] 0906
Preservation of historical sites and buildings 20018 Entertainment Industry [Others ] 0906
Botanical and zoological gardens 20019
Operation and maintenance of sports facilities 20020
Activities of sports and game schools 20021
Organisation and operation of indoor/outdoor sports and promotion and production of sporting events 20022
Other sporting activities n.e.c. 20023
Other recreational activities n.e.c. 20024 Entertainment Industry [Others ]
OTHER SERVICES Hair dressing and other beauty treatment 21001 Service Sector [Beauty Parlours] 0702
Funeral and related activities 21002 Service Sector [Others] 0714
Marriage bureaus 21003 Service Sector [Others] 0714
Pet care services 21004 Service Sector [Others] 0714
Sauna and steam baths, massage salons etc. 21005 Service Sector [Others] 0714
Astrological and spiritualists’ activities 21006 Service Sector [Others] 0714
Private households as employers of domestic staff 21007 Service Sector [Others] 0714
Other services n.e.c. 21008 Service Sector [Others] 0714
EXTRA TERRITORIAL ORGANISATIONS AND BODIES Extra territorial organisations and bodies (IMF, World Bank, European Commission etc.) 22001

For further clarity on classification of nature of business code kindly contact us on +91 9825223809

2 thoughts on “Revised Nature of Business or Profession Codes for ITR Forms – AY 2018-19”

  1. Dear Experts,
    Would you able to provide me the “Nature of Business Code” in ITR-3 (AY 2018-19) for the assessee who has “Life Insurance Commission income”.
    Secondly, If someone has salary + insurance commission income, then what would be the business code in ITR-3
    Please do the needful.

    1. 1. For Life Insurance Commission income kindly select 21008 – Other services n.e.c.
      2. Salary is to be shown under Schedule – S Details of Income from Salary

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.