New Business Code for Futures and Options (F&O) Trading and Social Media Influencers

By | July 25, 2025

There are the 5 newly added codes as per the official ITR-3 utility  for AY 2025-26 on incometax.gov.in:

Code Nature of Business/Profession Description
09029 Commission Agents (Kachcha Arahitya) Agents working under commission, no ownership
16021 Social Media Influencers Earning from brand deals, promotions, etc.
21009 Speculative Trading Intraday trading or trades settled same day
21010 Futures and Options (F&O) Trading Trading in derivatives on stock exchanges
21011 Buying and Selling Shares Delivery-based equity trading
  • Section 139(1) mandates accurate ITR filing; code mismatch can invalidate return
  • CBDT Notification No. 42/2025 notified updated ITR schema for AY 2025–26
  • Use correct business code to align with Form 3CD audit reports and AIS/TIS data