23/07/2025
🚨 Update in ITR Utility – New Nature of Business/Profession Codes
The Income Tax Return utility has introduced new codes under "Nature of Business/Profession" to better capture emerging sectors and activities.
Notable additions include:
📌 09029 – Commission agents - Kachcha Arahitya
📌 16021 – Social Media Influencers
📌 21009 – Speculative Trading
📌 21010 – Futures and Options Trading
📌 21011 – Buying and Selling Shares
✔️ Taxpayers and professionals are advised to choose the correct code while filing their ITR for AY 2025–26 to avoid discrepancies.