What is the nature of business (business code) for AY 2021-22 for intraday-only traders?

Taxation
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Hi. I am filing my first ever Income Tax Return. I have made transactions in FNO last year and the turnover is around 15 lakhs. I have only done intraday trades. I have no other source of income. What should be my nature of business and business code for filing the ITR? Thanks.
@nithin @siva-reddy

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@Quicko Can you.

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13018 / 13010 you can choose.

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Hey @Maan,

F&O and intraday transactions/activities fall under the nature of business income and taxed under Income head - ''Profits and gain for business & profession" as per income tax act.

While filing ITR, you can select following business codes, depending nature of business activities:

  1. Investment activities - 13010
  2. Other financial intermediation services n.e.c - 13018
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@Quicko
When will ITR filing for AY 21-22 be enabled in your website? I says you are waiting for schema from IT department.

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Thank you very much Sir

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Thank you very much

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Hello @alwaysshri

As you are aware the ITD went through a major overhaul with IT portal 2.0 with that third parties involved in the ecosystem need to update their systems. We will be releasing exciting features in mid-August.

In the meantime, you can prepare your return on Quicko and wait for the filing window to open, we will soon notify you once the ITR e-filing is enabled for FY20-21.

Due date for filing ITR is 30th Sept 2021 as mandated by the government.