Retail business code in income tax

By | November 21, 2025

Retail business code in income tax General retail codes under “WHOLESALE AND RETAIL TRADE” 09001 : Wholesale and retail sale of motor vehicles 09004: Retail sale of automotive fuel 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… Read More »

Contractor business code in income tax

By | November 21, 2025

Contractor business code in income tax For a contractor, the business code in the Indian income tax system depends on the specific type of construction or service being provided. The codes fall under the “CONSTRUCTION” category, which includes several sub-sectors.  Here are the relevant codes:  06001: For site preparation work. 06002: For building complete constructions… Read More »

Business code for manpower supply in income tax

By | November 21, 2025

Business code for manpower supply in income tax   Business code for manpower supply in income tax Following code is categorized under “Professional Services” in the official list provided by the Income Tax Department for ITR forms. 16014: Labour recruitment and provision of personnel.  Related codes for employment services in GST It is important to… Read More »

Business code for restaurant for income tax

By | November 21, 2025

Business code for restaurant for income tax For filing income tax returns in India, the most accurate business codes for a restaurant depend on the type of establishment. For a restaurant 10007: Restaurants—with bars. 10008: Restaurants—without bars.  For a canteen or catering service 10009: Canteens. 10010: Independent caterers.  These codes fall under the “Hotels, Restaurants… Read More »

Business code for mobile shop in income tax

By | November 21, 2025

Business code for mobile shop in income tax For a mobile shop in India, the most appropriate Income Tax business code for retail sales is 9028, which stands for “Retail sale of other products n.e.c (not elsewhere classified)”. This code applies because there isn’t a more specific category for mobile phones, and they fall under the general… Read More »

List of business codes for income tax

By | November 21, 2025

List of business codes for income tax When filing an income tax return in India, taxpayers must use a specific code to identify their business or profession. These codes are categorized and listed by the Income Tax Department.  Recent additions and updates for AY 2025-26 Social Media Influencers: Code 16021. Trading Activities: Several new codes were introduced… Read More »

what is OGE in Income tax

By | November 21, 2025

In income tax, OGE stands for “Order Giving Effect”. It refers to the formal execution and implementation of a specific judgment or order issued by an appellate authority, such as the Commissioner of Income Tax (Appeals) or the Income Tax Appellate Tribunal.  How OGE works Trigger: An OGE is required when a taxpayer wins an appeal against… Read More »

10 Romantic Couple Photo AI Prompts

By | November 21, 2025

10 Romantic Couple Photo AI Prompts Sunset Beach Embrace: A couple silhouetted against a vibrant sunset on a secluded beach, holding each other close, with gentle waves lapping at their feet. Cozy Rainy Day: A couple snuggled together on a window seat, wrapped in a blanket, watching rain fall outside, with mugs of hot tea… Read More »