Income Tax Business/ Profession Code for ITR
The Income Tax Business Code is a numeric classification system used by the Income Tax Department of India to identify the nature of a taxpayer’s business or profession.
The business code acts as a key identifier for tax reporting, making it crucial for every taxpayer to select it carefully based on their principal business activity. Choosing the correct code is essential, as incorrect selection may lead to scrutiny or mismatch in tax records.
Search the correct Income Tax Business code here, Also check whether 44AD or 44ADA is applicable on that code for ITR Forms.
Search Business or Profession code of Income Tax
Sector | Sub-Sector | Code | 44AD | 44ADA | 44AE | Others |
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