Income Tax Business Code: Income Tax Nature of Business Code List for AY 2024-25

Sector

Sub-Sector

Code

AGRICULTURE, ANIMAL HUSBANDRY & FORESTRY

Growing and manufacturing of tea

1001

Growing and manufacturing of coffee

1002

Growing and manufacturing of rubber

1003

Market gardening and horticulture specialities

1004

Raising of silkworms and production of silk

1005

Raising of bees and production of honey

1006

Raising of poultry and production of eggs

1007

Rearing of sheep and production of wool

1008

Rearing of animals and production of animal

products

1009

Agricultural and animal husbandry services

1010

Soil conservation, soil testing and soil

desalination services

1011

Hunting, trapping and game propagation

services

1012

Growing of timber, plantation, operation of tree

nurseries and conserving of forest

1013

Gathering of tendu leaves

1014

Gathering of other wild growing materials

1015

Forestry service activities, timber cruising,

afforestation and reforestation

1016

Logging service activities, transport of logs

within the forest

1017

Other agriculture, animal husbandry or forestry

activity n.e.c

1018

FISH FARMING

Fishing on a commercial basis in inland waters

2001

Fishing on a commercial basis in the ocean and

coastal areas

2002

Fish farming

2003

Gathering of marine materials such as natural

pearls, sponges, coral etc.

2004

Services related to marine and freshwater

fisheries, fish hatcheries and fish farms

2005

Other Fish farming activity n.e.c

2006

MINING AND QUARRYING

Mining and agglomeration of hard coal

3001

Mining and agglomeration of lignite

3002

Extraction and agglomeration of peat

3003

Extraction of crude petroleum and natural gas

3004

Service activities incidental to oil and gas

extraction excluding surveying

3005

Mining of uranium and thorium ores

3006

Mining of iron ores

3007

Mining of non-ferrous metal ores, except

uranium and thorium ores

3008

Mining of gemstones

3009

Mining of chemical and fertilizer minerals

3010

Mining of quarrying of abrasive materials

3011

Mining of mica, graphite and asbestos

3012

Quarrying of stones

(marble/granite/dolomite), sand and clay

3013

Other mining and quarrying

3014

Mining and production of salt

3015

Other mining and quarrying n.e.c

3016

MANUFACTURING

Production, processing and preservation of

meat and meat products

4001

Production, processing and preservation of fish

and fish products

4002

Manufacture of vegetable oil, animal oil and

fats

4003

Processing of fruits, vegetables and edible nuts

4004

Manufacture of dairy products

4005

Manufacture of sugar

4006

Manufacture of cocoa, chocolates and sugar

confectionery

4007

Flour milling

4008

Rice milling

4009

Dal milling

4010

Manufacture of other grain mill products

4011

Manufacture of bakery products

4012

Manufacture of starch products

4013

Manufacture of animal feeds

4014

Manufacture of other food products

4015

Manufacturing of wines

4016

Manufacture of beer

4017

Manufacture of malt liquors

4018

Distilling and blending of spirits, production of

ethyl alcohol

4019

Manufacture of mineral water

4020

Manufacture of soft drinks

4021

Manufacture of other non-alcoholic

beverages

4022

Manufacture of tobacco products

4023

Manufacture of textiles (other than by

handloom)

4024

Manufacture of textiles using handlooms

(khadi)

4025

Manufacture of carpet, rugs, blankets, shawls

etc. (other than by hand)

4026

Manufacture of carpet, rugs, blankets, shawls

etc. by hand

4027

Manufacture of wearing apparel

4028

Tanning and dressing of leather

4029

Manufacture of luggage, handbags and the like

saddler and harness

4030

Manufacture of footwear

4031

Manufacture of wood and wood products, cork,

straw and plaiting material

4032

Manufacture of paper and paper products

4033

Publishing, printing and reproduction of

recorded media

4034

Manufacture of coke oven products

4035

Manufacture of refined petroleum products

4036

Processing of nuclear fuel

4037

Manufacture of fertilizers and nitrogen

compounds

4038

Manufacture of plastics in primary forms and

of synthetic rubber

4039

Manufacture of paints, varnishes and similar

coatings

4040

Manufacture of pharmaceuticals, medicinal

chemicals and botanical products

4041

Manufacture of soap and detergents

4042

Manufacture of other chemical products

4043

Manufacture of man-made fibers

4044

Manufacture of rubber products

4045

Manufacture of plastic products

4046

Manufacture of glass and glass products

4047

Manufacture of cement, lime and plaster

4048

Manufacture of articles of concrete, cement and

plaster

4049

Manufacture of Bricks

4050

Manufacture of other clay and ceramic products

4051

Manufacture of other non-metallic mineral

products

4052

Manufacture of pig iron, sponge iron, Direct

Reduced Iron etc.

4053

Manufacture of Ferro alloys

4054

Manufacture of Ingots, billets, blooms and

slabs etc.

4055

Manufacture of steel products

4056

Manufacture of basic precious and nonferrous

metals

4057

Manufacture of non-metallic mineral

products

4058

Casting of metals

4059

Manufacture of fabricated metal products

4060

Manufacture of engines and turbines

4061

Manufacture of pumps and compressors

4062

Manufacture of bearings and gears

4063

Manufacture of ovens and furnaces

4064

Manufacture of lifting and handling

equipment

4065

Manufacture of other generalpurpose

machinery

4066

Manufacture of agricultural and forestry

machinery

4067

Manufacture of Machine Tools

4068

Manufacture of machinery for metallurgy

4069

Manufacture of machinery for mining,

quarrying and constructions

4070

Manufacture of machinery for processing of

food and beverages

4071

Manufacture of machinery for leather and

textile

4072

Manufacture of weapons and ammunition

4073

Manufacture of other special

purpose machinery

4074

Manufacture of domestic appliances

4075

Manufacture of office, accounting and

computing machinery

4076

Manufacture of electrical machinery and

apparatus

4077

Manufacture of Radio, Television,

communication equipment and apparatus

4078

Manufacture of medical and

surgical equipment

4079

Manufacture of industrial process control

equipment

4080

Manufacture of instruments and appliances for

measurements and navigation

4081

Manufacture of optical instruments

4082

Manufacture of watches and clocks

4083

Manufacture of motor vehicles

4084

Manufacture of body of motor vehicles

4085

Manufacture of parts & accessories of motor

vehicles & engines

4086

Building & repair of ships and boats

4087

Manufacture of railway locomotive and rolling

stocks

4088

Manufacture of aircraft and spacecraft

4089

Manufacture of bicycles

4090

Manufacture of other transport equipment

4091

Manufacture of furniture

4092

Manufacture of jewellery

4093

Manufacture of sports goods

4094

Manufacture of musical instruments

4095

Manufacture of games and toys

4096

Other manufacturing n.e.c.

4097

Recycling of metal waste and scrap

4098

Recycling of non- metal waste and scrap

4099

ELECTRITY, GAS AND WATER

Production, collection and distribution of

electricity

5001

Manufacture and distribution of gas

5002

Collection, purification and distribution of

water

5003

Other essential commodity service n.e.c

5004

CONSTRUCTION

Site preparation works

6001

Building of complete constructions or parts-

6002

civil contractors

Building installation

6003

Building completion

6004

Construction and maintenance of roads, rails,

bridges, tunnels, ports, harbour, runways etc.

6005

Construction and maintenance of power plants

6006

Construction and maintenance of industrial

plants

6007

Construction and maintenance of power

transmission and telecommunication lines

6008

Construction of water ways and water

reservoirs

6009

Other construction activity n.e.c.

6010

REAL ESTATE AND RENTING SERVICES

Purchase, sale and letting of leased buildings

(residential and non-residential)

7001

Operating of real estate of self-owned buildings (residential and non-residential)

7002

Developing and sub-dividing real estate into

lots

7003

Real estate activities on a fee or contract basis

7004

Other real estate/renting services n.e.c

7005

RENTING OF MACHINERY

Renting of land transport equipment

8001

Renting of water transport equipment

8002

Renting of air transport equipment

8003

Renting of agricultural machinery

and equipment

8004

Renting of construction and civil engineering

machinery

8005

Renting of office machinery and equipment

8006

Renting of other machinery and equipment

n.e.c.

8007

Renting of personal and household goods n.e.c.

8008

Renting of other machinery n.e.c.

8009

WHOLESALE AND RETAIL TRADE

Wholesale and retail sale of motor vehicles

9001

Repair and maintenance of motor vehicles

9002

Sale of motor parts and

accessories- wholesale and retail

9003

Retail sale of automotive fuel

9004

General commission agents, commodity

brokers and auctioneers

9005

Wholesale of agricultural raw material

9006

Wholesale of food & beverages and tobacco

9007

Wholesale of household goods

9008

Wholesale of metals and metal ores

9009

Wholesale of household goods

9010

Wholesale of construction material

9011

Wholesale of hardware and sanitary fittings

9012

Wholesale of cotton and jute

9013

Wholesale of raw wool and raw silk

9014

Wholesale of other textile fibres

9015

Wholesale of industrial chemicals

9016

Wholesale of fertilizers and pesticides

9017

Wholesale of electronic parts & equipment

9018

Wholesale of other machinery, equipment and

supplies

9019

Wholesale of waste, scrap & materials for

recycling

9020

Retail sale of food, beverages and tobacco in

specialized stores

9021

Retail sale of other goods in specialized stores

9022

Retail sale in non-specialized stores

9023

Retail sale of textiles, apparel, footwear, leather

goods

9024

Retail sale of other household appliances

9025

Retail sale of hardware, paint and glass

9026

Wholesale of other products n.e.c

9027

Retail sale of other products n.e.c

9028

HOTELS, RESTAURANTS AND HOSPITALITY SERVICES

Hotels – Star rated

10001

Hotels – Non-star rated

10002

Motels, Inns and Dharmshalas

10003

Guest houses and circuit houses

10004

"Dormitories and hostels at

educational institutions"

10005

Short stay accommodations n.e.c.

10006

Restaurants – with bars

10007

Restaurants – without bars

10008

Canteens

10009

Independent caterers

10010

Casinos and other games of chance

10011

Other hospitality services n.e.c.

10012

TRANSPORT & LOGISTICS SERVICES

Travel agencies and tour operators

11001

Packers and movers

11002

Passenger land transport

11003

Air transport

11004

Transport by urban/sub-urban railways

11005

Inland water transport

11006

Sea and coastal water transport

11007

Freight transport by road

11008

Freight transport by railways

11009

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

Other Transport & Logistics services n.e.c

11015

POST AND TELECOMMUNICATION SERVICES

Post and courier activities

12001

Basic telecom services

12002

Value added telecom services

12003

Maintenance of telecom network

12004

Activities of the cable operators

12005

Other Post & Telecommunication services

n.e.c

12006

FINANCIAL INTERMEDIATION SERVICES

Commercial banks, saving banks and

discount houses

13001

Specialised institutions granting credit

13002

Financial leasing

13003

Hire-purchase financing

13004

Housing finance activities

13005

Commercial loan activities

13006

Credit cards

13007

Mutual funds

13008

Chit fund

13009

Investment activities

13010

Life insurance

13011

Pension funding

13012

Non-life insurance

13013

Administration of financial markets

13014

Stock brokers, sub-brokers and related activities

13015

Financial advisers, mortgage advisers and brokers

13016

Foreign exchange services

13017

Other financial intermediation services n.e.c.

13018

COMPUTER AND RELATED SERVICES

Software development

14001

Other software consultancy

14002

Data processing

14003

Database activities and distribution of electronic content

14004

Other IT enabled services

14005

BPO services

14006

Cyber café

14007

Maintenance and repair of office, accounting and computing machinery

14008

Computer training and educational institutes

14009

Other computation related services n.e.c.

14010

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

Accounting, book-keeping and auditing profession

16002

Tax consultancy

16003

Architectural profession

16004

Engineering and technical consultancy

16005

Advertising

16006

Fashion designing

16007

Interior decoration

16008

Photography

16009

Auctioneers

16010

Business brokerage

16011

Market research and public opinion polling

16012

Business and management

consultancy activities

16013

Labour recruitment and

provision of personnel

16014

Investigation and security services

16015

Building-cleaning and industrial cleaning

activities

16016

Packaging activities

16017

Secretarial activities

16018

Medical Profession

16019_1

Film Artist

16020

Other professional services n.e.c.

16019

EDUCATION SERVICES

Primary education

17001

Secondary/ senior secondary education

17002

Technical and vocational secondary/ senior

secondary education

17003

Higher education

17004

Education by correspondence

17005

Coaching centers and tuitions

17006

Other education services n.e.c.

17007

HEALTH CARE SERVICES

General hospitals

18001

Speciality and super speciality hospitals

18002

Nursing homes

18003

Diagnostic centers

18004

Pathological laboratories

18005

Independent blood banks

18006

Medical transcription

18007

Independent ambulance services

18008

Medical suppliers, agencies and stores

18009

Medical clinics

18010

Dental practice

18011

Ayurveda practice

18012

Unani practice

18013

Homeopathy practice

18014

Nurses, physiotherapists or other paramedical

practitioners

18015

Veterinary hospitals and practice

18016

Medical education

18017

Medical research

18018

Practice of other alternative medicine

18019

Other healthcare services

18020

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 organizations

19004

Trade unions

19005

Religious organizations

19006

Political organizations

19007

Other membership organizations 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

Film distribution

20002

Film laboratories

20003

Television channel productions

20004

Television channels broadcast

20005

Video production and distribution

20006

Sound recording studios

20007

Radio - recording and distribution

20008

Stage production and related activities

20009

Individual artists excluding authors

20010

Literary activities

20011

Other cultural activities n.e.c.

20012

Circuses and race tracks

20013

Video Parlours

20014

News agency activities

20015

Library and archives activities

20016

Museum activities

20017

Preservation of historical sites and buildings

20018

Botanical and zoological gardens

20019

Operation and maintenance of sports facilities

20020

Activities of sports and game schools

20021

Organization and operation of indoor/outdoor

sports and promotion and production of sporting events

20022

Sports Management

20023_1

Other sporting activities n.e.c.

20023

Other recreational activities n.e.c.

20024

OTHER SERVICES

Hair dressing and other beauty treatment

21001

Funeral and related activities

21002

Marriage bureaus

21003

Pet care services

21004

Sauna and steam baths, massage salons etc.

21005

Astrological and spiritualists’ activities

21006

Private households as employers of domestic

staff

21007

Event Management

21008_1

Other services n.e.c.

21008

EXTRA TERRITORIAL ORGANISATIONS AND BODIES

Extra territorial organizations and bodies

(IMF, World Bank, European Commission etc.)

22001

CO- OPERATIVE SOCIETY ACTIVITES

Banking/Credit Facilities to its members

23001

Cottage Industry

23002

Marketing of Agricultural produce grown by

its members

23003

Purchase of Agricultural Implements, seeds, livestock or other articles intended for agriculture for the purpose of supplying to its

members.

23004

Processing, without the aid of power, of the

agricultural Produce of its members.

23005

Collective disposal of Labour of its members

23006

Fishing or allied activities for the purpose of

supplying to its members.

23007

Primary cooperative society engaged in supplying Milk, oilseeds, fruits or vegetables raised or grown by its members to Federal cooperative society engaged in supplying Milk, oilseeds, fruits or vegetables/Government or local authority/Government Company / corporation established by or under a Central, State or

Provincial Act

23008

Consumer Cooperative Society Other than

specified in 80P(2a) or 80P(2b)

23009

Other Cooperative Society engaged in activities Other than specified in 80P(2a) or 80P(2b)

23010

Interest/Dividend from Investment in other co-

operative society

23011

Income from Letting of godowns /

warehouses for storage, processing / facilitating the marketing of commodities

23012

Others

23013

Federal milk co-operative society

23014