BUSINESS CODES

Business & Profession Code Finder

Find the correct business or profession code for ITR filing and income tax compliance.

What is Business Code?

The business or profession code indicates the nature of your business or profession. Mandatory in your ITR filing.

Required for ITR

Mandatory field in ITR

Income classification

Determines income type and reporting

Search Business Code

Showing 6 results

01111Agriculture

Growing of rice

NIC 5-digit code

47111Retail

Retail sale of food, beverages and tobacco in specialized stores

NIC 5-digit code

62011IT

Writing, modifying, testing, supporting software

NIC 5-digit code

68100Real Estate

Real estate activities with own or leased property

NIC 5-digit code

85491Education

Other education n.e.c.

NIC 5-digit code

86201Healthcare

General medical practice activities

NIC 5-digit code

Important Notes

Use the code that best describes your primary income source
Different codes for different professions
Business codes differ from profession codes
Correct classification ensures proper tax assessment
Changes to business type require code update in subsequent ITRs

Common Categories

Medical & Healthcare Professions
Legal & Advocate Professions
Engineering & Architecture
Business & Trade Activities
Education & Teaching Services
IT & Software Services

Confused About Your Business Code?

Our tax experts can help you identify the correct business code for your ITR filing.

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Business & Profession Codes by Category

Medical Profession

• Doctor/Physician: 003
• Dental: 003
• Veterinary: 003
• Physiotherapy: 003

Legal Profession

• Advocate/Lawyer: 004
• Legal Consultant: 004
• Notary: 004

Engineering & Architecture

• Civil Engineer: 002
• Architect: 002
• Mechanical Engineer: 002

Finance & Accounting

• Accountant: 001
• Chartered Accountant: 001
• Tax Consultant: 001

IT & Technology

• Software Developer: 005
• IT Consultant: 005
• Web Developer: 005

Business & Trade

How to Use Business Code in ITR Filing?

Identify Your Business Type

Determine which category best describes your primary source of income or profession.

Find the Corresponding Code

Use the code list to find the numeric code assigned to your business/profession category.

Enter in ITR Form

Fill the business code field in your ITR form during filing. Typically found in Schedule BP.

Update When Needed

If you change your profession or business, update the code in your next ITR filing.

Frequently Asked Questions

What is business code in ITR filing?

Business code is a specific numeric code that indicates the nature of your business or profession. Mandatory while filing ITR in Schedule BP.

Where do I enter business code in ITR form?

Business code is entered in Schedule BP (Business and Profession) of your ITR form.

Can I use multiple business codes in one ITR?

Yes, if you have multiple sources of business income with different nature of activities, you can mention different codes for each.

Consultancy Services

• Retail Trade: 006
• Manufacturing: 007
• Import/Export: 008

What happens if I select wrong business code?

Selecting wrong business code may lead to incorrect classification of your income, scrutiny, and may require filing a revised return.

Is business code same as profession code?

Business and profession codes are part of the same system but represent different categories. Profession codes indicate professional services, business codes represent trade and commercial activities.

What is the business code for retail shop?

Retail trade businesses generally use code 006. The specific code may vary based on the type of retail activity.

Do I need business code for salary income?

No, business code is only required if you have income from business or profession (Schedule BP).

What is the code for freelance consultants?

Freelance consultants typically use code 005 for consultancy business.

Can I change business code in subsequent years?

Yes, if your primary business activity changes, update the business code in subsequent ITR filings.

What is the business code for online business/e-commerce?

Online retail/e-commerce businesses can use relevant retail or wholesale trade codes based on their business model.

Is business code mandatory for all taxpayers?

Business code is mandatory only for taxpayers with income from business or profession filing ITR-3 or ITR-4.

What is the difference between NIC code and business code?

NIC code is used for MSME registration and GST, while business code is specific to ITR filing.