List of 350+ Nature of Business Updated 2024

Complete list of Nature of Business other than those declaring Income under sections 44AD, 44ADA and 44AE of Income Tax Act.

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Complete list of Nature of Business other than those declaring Income under sections 44AD, 44ADA and 44AE of Income Tax Act.

Nature of Business with Income Tax Code

00001- Share of Income from firm only

Agriculture, Animal Husbandry and Forestry

01001 – Growing and manufacturing of tea
01002 – Growing and manufacturing of coffee
01003 – Growing and manufacturing of rubber
01004 – Market gardening and horticulture specialties
01005 – Raising of silk worms and production of silk
01006 – Raising of bees and production of honey
01007 – Raising of poultry and production of eggs
01008 – Rearing of sheep and production of wool
01009 – Rearing of animals and production of animal products
01010 – Agricultural and animal husbandry services
01011 – Soil conservation, soil testing and soil desalination services
01012 – Hunting, trapping and game propagation services
01013 – Growing of timber, plantation, operation of tree nurseries and conserving of forest
01014 – Gathering of tendu leaves
01015 – Gathering of other wild growing materials
01016 – Forestry service activities, timber cruising, afforestation and reforestation
01017 – Logging service activities, transport of logs within the forest
01018 – Other agriculture, animal husbandry or forestry activity n.e.c

Fish Farming

02001 – Fishing on commercial basis in inland waters
02002 – Fishing on commercial basis in ocean and coastal areas
02003 – Fish farming
02004 – Gathering of marine materials such as natural pearls, sponges, coral etc.
02005 – Services related to marine and fresh water fisheries, fish hatcheries and fish farms
02006 – Other Fish farming activity n.e.c03001 – Mining and agglomeration of hard coal

Mining And Quarrying

03002 – Mining and agglomeration of lignite
03003 – Extraction and agglomeration of peat
03004 – Extraction of crude petroleum and natural gas
03005 – Service activities incidental to oil and gas extraction excluding surveying
03006 – Mining of uranium and thorium ores
03007 – Mining of iron ores
03008 – Mining of non-ferrous metal ores, except uranium and thorium ores
03009 – Mining of gemstones
03010 – Mining of chemical and fertilizer minerals
03011 – Mining of quarrying of abrasive materials
03012 – Mining of mica, graphite and asbestos
03013 – Quarrying of stones (marble/granite/dolomite), sand and clay
03014 – Other mining and quarrying
03015 – Mining and production of salt
03016 – Other mining and quarrying n.e.c

Manufacturing

04001 – Production, processing and preservation of meat and meat products
04002 – Production, processing and preservation of fish and fish products
04003 – Manufacture of vegetable oil, animal oil and fats
04004 – Processing of fruits, vegetables and edible nuts
04005 – Manufacture of dairy products
04006 – Manufacture of sugar
04007 – Manufacture of cocoa, chocolates and sugar confectionery
04008 – Flour milling
04009 – Rice milling
04010 – Dal milling
04011 – Manufacture of other grain mill products
04012 – Manufacture of bakery products
04013 – Manufacture of starch products
04014 – Manufacture of animal feeds
04015 – Manufacture of other food products
04016 – Manufacturing of wines
04017 – Manufacture of beer
04018 – Manufacture of malt liquors
04019 – Distilling and blending of spirits, production of ethyl alcohol
04020 – Manufacture of mineral water
04021 – Manufacture of soft drinks
04022 – Manufacture of other non-alcoholic beverages
04023 – Manufacture of tobacco products
04024 – Manufacture of textiles (other than by handloom)
04025 – Manufacture of textiles using handlooms (khadi)
04026 – Manufacture of carpet, rugs, blankets, shawls etc. (other than by hand)
04027 – Manufacture of carpet, rugs, blankets, shawls etc. by hand
04028 – Manufacture of wearing apparel
04029 – Tanning and dressing of leather
04030 – Manufacture of luggage, handbags and the like saddler and harness
04031 – Manufacture of footwear
04032 – Manufacture of wood and wood products, cork, straw and plaiting material
04033 – Manufacture of paper and paper products
04034 – Publishing, printing and reproduction of recorded media
04035 – Manufacture of coke oven products
04036 – Manufacture of refined petroleum products
04037 – Processing of nuclear fuel
04038 – Manufacture of fertilizers and nitrogen compounds
04039 – Manufacture of plastics in primary forms and of synthetic rubber
04040 – Manufacture of paints, varnishes and similar coatings
04041 – Manufacture of pharmaceuticals, medicinal chemicals and botanical products
04042 -Manufacture of soap and detergents
04043 -Manufacture of other chemical products
04044 -Manufacture of man-made fibers
04045 -Manufacture of rubber products
04046 -Manufacture of plastic products
04047 -Manufacture of glass and glass products
04048 -Manufacture of cement, lime and plaster
04049 -Manufacture of articles of concrete, cement and plaster
04050 -Manufacture of Bricks
04051 -Manufacture of other clay and ceramic productss
04052 -Manufacture of other non-metallic mineral products
04053 -Manufacture of pig iron, sponge iron, Direct Reduced Iron etc
04054 -Manufacture of Ferro alloys
04055 -Manufacture of Ingots, billets, blooms and slabs etc
04056 -Manufacture of steel
04057 -Manufacture of basic precious and non-ferrous metals
04058 -Manufacture of non-metallic mineral products
04059 -Casting of metals
04060 -Manufacture of fabricated metal products
04061 -Manufacture of engines and turbines
04062 -Manufacture of pumps and compressors
04063 -Manufacture of bearings and gears
04064 -Manufacture of ovens and furnaces
04065 -Manufacture of lifting and handling equipment
04066 -Manufacture of other general purpose machinery
04067 -Manufacture of agricultural and forestry machinery
04068 -Manufacture of Machine Tools
04069 -Manufacture of machinery for metallurgy
04070 -Manufacture of machinery for mining, quarrying and constructions
04071 -Manufacture of machinery for processing of food and beverages
04072 -Manufacture of machinery for leather and textile
04073 -Manufacture of weapons and ammunition
04074 -Manufacture of other special purpose machinery
04075 -Manufacture of domestic appliances
04076 -Manufacture of office, accounting and computing machinery
04077 -Manufacture of electrical machinery and apparatus
04078 -Manufacture of Radio, Television, communication equipment and apparatus
04079 -Manufacture of medical and surgical equipment
04080 -Manufacture of industrial process control equipment
04081 -Manufacture of instruments and appliances for measurements and navigation
04082 -Manufacture of optical instruments
04083 -Manufacture of watches and clocks
04084 -Manufacture of motor vehicles
04085 -Manufacture of body of motor vehicles
04086 -Manufacture of parts & accessories of motor vehicles & engines
04087 -Building & repair of ships and boats
04088 -Manufacture of railway locomotive and rolling stocks
04089 -Manufacture of aircraft and spacecraft
04090 -Manufacture of bicycles
04091 -Manufacture of other transport equipment
04092 -Manufacture of furniture
04093 -Manufacture of jewellery
04094 -Manufacture of sports goods
04095 -Manufacture of musical instruments
04096 -Manufacture of games and toys
04097 -Other manufacturing n.e.c.
04098 -Recycling of metal waste and scrap
04099 -Recycling of non- metal waste and scrap

Electricity, Gas and Water

05001 -Production, collection and distribution of electricity
05002 -Manufacture and distribution of gas
05003 -Collection, purification and distribution of water
05004 -Other essential commodity service n.e.c

Construction

06001 -Site preparation works
06002 -Building of complete constructions or parts- civil contractors
06003 -Building installation
06004 -Building completion
06005 -Construction and maintenance of roads, rails, bridges, tunnels, ports, harbor, runways etc.
06006 -Construction and maintenance of power plants
06007 -Construction and maintenance of industrial plants
06008 -Construction and maintenance of power transmission and telecommunication lines
06009 -Construction of water ways and water reservoirs
06010 -Other construction activity n.e.c.

Real Estate and Renting Services

07001 -Purchase, sale and letting of leased buildings-(residential and non-residential)
07002 -Operating of real estate of self-owned buildings (residential and non-residential)
07003 -Developing and sub-dividing real estate into lots
07004 -Real estate activities on a fee or contract basis
07005 -Other real estate/renting services n.e.c

Renting of Machinery

08001 -Renting of land transport equipment
08002 -Renting of water transport equipment
08003 -Renting of air transport equipment
08004 -Renting of agricultural machinery and equipment
08005 -Renting of construction and civil engineering machinery
08006 -Renting of office machinery and equipment
08007 -Renting of other machinery and equipment n.e.c.
08008 -Renting of personal and household goods n.e.c.
08009 -Renting of other machinery n.e.c.

Wholesale and Retail Trade

09001 -Wholesale and retail sale of motor vehicles
09002 -Repair and maintenance of motor vehicles
09003 -Sale of motor parts and accessories- wholesale and retail
09004 -Retail sale of automotive fuel
09005 -General commission agents, commodity brokers and auctioneers
09006 -Wholesale of agricultural raw material
09007 -Wholesale of food & beverages and tobacco
09008 -Wholesale of household goods
09009 -Wholesale of metals and metal ores
09010 -Wholesale of household goods
09011 -Wholesale of construction material
09012 -Wholesale of hardware and sanitary fittings
09013 -Wholesale of cotton and jute
09014 -Wholesale of raw wool and raw silk
09015 -Wholesale of other textile fibers
09016 -Wholesale of industrial chemicals
09017 -Wholesale of fertilizers and pesticides
09018 -Wholesale of electronic parts & equipment
09019 -Wholesale of other machinery, equipment and supplies
09020 -Wholesale of waste, scrap & materials for re-cycling
09021 -Retail sale of food, beverages and tobacco in specialized stores
09022 -Retail sale of other goods in specialized stores
09023 -Retail sale in non-specialized stores
09024 -Retail sale of textiles, apparel, footwear, leather goods
09025 -Retail sale of other household appliances
09026 -Retail sale of hardware, paint and glass
09027 -Wholesale of other products n.e.c
09028 -Retail sale of other products n.e.c

Hotels, Restaurants and Hospitality Services

10001 -Hotels – Star rated
10002 -Hotels – Non-star rated
10003 -Motels, Inns and Dharmshalas
10004 -Guest houses and circuit houses
10005 -Dormitories and hostels at educational institutions
10006 -Short stay accommodations n.e.c.
10007 -Restaurants – with bars
10008 -Restaurants – without bars
10009 -Canteens
10010 -Independent caterers
10011 -Casinos and other games of chance
10012 -Other hospitality services n.e.c.

Transport and Logistics Services

11001 -Travel agencies and tour operators
11002 -Packers and movers
11003 -Passenger land transport
11004 -Air transport
11005 -Transport by urban/sub-urban railways
11006 -Inland water transport
11007 -Sea and coastal water transport
11008 -Freight transport by road
11009 -Freight transport by railways
11010 -Forwarding of freight
11011 -Receiving and acceptance of freight
11012 -Cargo handling
11013 -Storage and warehousing
11014 -Transport via pipelines (transport of gases, liquids, slurry and other commodities)
11015 -Other Transport & Logistics services n.e.c

Post and Telecommunication Services

12001 -Post and courier activities
12002 -Basic telecom services
12003 -Value added telecom services
12004 -Maintenance of telecom network
12005 -Activities of the cable operators
12006 -Other Post & Telecommunication services n.e.c

Financial Intermediation Services

13001 -Commercial banks, saving banks and discount houses
13002 -Specialised institutions granting credit
13003 -Financial leasing
13004 -Hire-purchase financing
13005 -Housing finance activities
13006 -Commercial loan activities
13007 -Credit cards
13008 -Mutual funds
13009 -Chit fund
13010 -Investment activities
13011 -Life insurance
13012 -Pension funding
13013 -Non-life insurance
13014 -Administration of financial markets
13015 -Stock brokers, sub-brokers and related activities
13016 -Financial advisers, mortgage advisers and brokers
13017 -Foreign exchange services
13018 -Other financial intermediation services n.e.c. (Option Trading in share market.)

Computer and Related Services

14001 -Software development
14002 -Other software consultancy
14003 -Data processing
14004 -Database activities and distribution of electronic content
14005 -Other IT enabled services
14006 -BPO services
14007 -Cyber café
14008 -Maintenance and repair of office, accounting and computing machinery
14009 -Computer training and educational institutes
14010 -Other computation related services n.e.c.

Research and Development

15001 -Natural sciences and engineering
15002 -Social sciences and humanities
15003 -Other Research & Development activities n.e.c.

Professions

16001 -Legal profession
16002 -Accounting, book-keeping and auditing profession
16003 -Tax consultancy
16004 -Architectural profession
16005 -Engineering and technical consultancy
16006 -Advertising
16007 -Fashion designing
16008 -Interior decoration
16009 -Photography
16010 -Auctioneers
16011 -Business brokerage
16012 -Market research and public opinion polling
16013 -Business and management consultancy activities
16014 -Labour recruitment and provision of personnel
16015 -Investigation and security services
16016 -Building-cleaning and industrial cleaning activities
16017 -Packaging activities
16018 -Secretarial activities
16019_1 -Medical Profession
16020 -Film Artist
16019 -Other professional services n.e.c.

Education Services

17001 -Primary education
17002 -Secondary/ senior secondary education
17003 -Technical and vocational secondary/ senior secondary education
17004 -Higher education
17005 -Education by correspondence
17006 -Coaching centres and tuitions
17007 -Other education services n.e.c.

Health Care Services

18001 -General hospitals
18002 -Speciality and super Speciality hospitals
18003 -Nursing homes
18004 -Diagnostic centres
18005 -Pathological laboratories
18006 -Independent blood banks
18007 -Medical transcription
18008 -Independent ambulance services
18009 -Medical suppliers, agencies and stores
18010 -Medical clinics
18011 -Dental practice
18012 -Ayurveda practice
18013 -Unani practice
18014 -Homeopathy practice
18015 -Nurses, physiotherapists or other para-medical practitioners
18016 -Veterinary hospitals and practice
18017 -Medical education
18018 -Medical research
18019 -Practice of other alternative medicine
18020 -Other healthcare services

Social and Community Work

19001 -Social work activities with accommodation (orphanages and old age homes)
19002 -Social work activities without accommodation (Creches)
19003 -Industry associations, chambers of commerce
19004 -Professional organisations
19005 -Trade unions
19006 -Religious organizations
19007 -Political organisations
19008 -Other membership organisations n.e.c. (rotary clubs, book clubs and philatelic clubs)
19009 -Other Social or community service n.e.c

Culture and Sport

20001 -Motion picture production
20002 -Film distribution
20003 -Film laboratories
20004 -Television channel productions
20005 -Television channels broadcast
20006 -Video production and distribution
20007 -Sound recording studios
20008 -Radio – recording and distribution
20009 -Stage production and related activities
20010 -Individual artists excluding authors
20011 -Literary activities
20012 -Other cultural activities n.e.c.
20013 -Circuses and race tracks
20014 -Video Parlours
20015 -News agency activities
20016 -Library and archives activities
20017 -Museum activities
20018 -Preservation of historical sites and buildings
20019 -Botanical and zoological gardens
20020 -Operation and maintenance of sports facilities
20021 -Activities of sports and game schools
20022 -Organisation and operation of indoor/outdoor sports and promotion and production of sporting events
20023_1 -Sports Management
20023 -Other sporting activities n.e.c.
20024 -Other recreational activities n.e.c.

Other Services

21001 -Hair dressing and other beauty treatment
21002 -Funeral and related activities
21003 -Marriage bureaus
21004 -Pet care services
21005 -Sauna and steam baths, massage salons etc.
21006 -Astrological and spiritualists’ activities
21007 -Private households as employers of domestic staff
21008_1 -Event Management
21008 -Other services n.e.c.

Extra Territorial Organisations And Bodies

22001 -Extra territorial organisations and bodies (IMF, World Bank,European Commission etc.)

n.e.c. full form is not elsewhere classified.


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