Transport business code in income tax
For filing income tax returns in India, the business code for a transport business depends on the nature of the transport services offered.
Common transport business codes under “TRANSPORT AND LOGISTICS SERVICES”
Land Transport
- 11003: “Passenger land transport,” such as bus or taxi services.
- 11008 : Freight transport by road
Logistics and related services
- 11001 travel agencies and tour operators.
- 11002 packers and movers.
- 11003 Passenger land transport
- 111005 :Transport by urban/sub-urban railways
- 11009 : Freight transport by railways
- 11010: forwarding of freight.
- 11011 : Receiving and acceptance of freight
- 11012: cargo handling.
- 11013 : warehousing and storage activities
- 110014 :Transport via pipelines (transport of gases, liquids, slurry and other commodities)
- 110015 : Other Transport and Logistics services n.e.c
Other transport modes
- 11004: Air transport.
- 11006: Inland water transport.
- 11007: Sea and coastal water transport
Important considerations
- Goods vs. passengers: It’s important to distinguish between goods transport and passenger transport, as they have different codes. Goods transport businesses with fewer than 10 vehicles may be eligible for the presumptive taxation scheme under Section 44AE, for which ITR-4 is the applicable form.
- Source of information: For the most accurate and current codes, always refer to the latest list published by the Income Tax Department on its e-filing portal