hi
at what rate sewing machines are charged for depreciation? 10% or 15%
and what is nature of business to be mentioned in ITR 4 for taiolring business and for tution teacher
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Depreciation rate
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Depreciation rate for Sewing machine is 15% because it is a Machine.
Nature of Business for Tailoring is "0120-Textiles, handloom, Power looms" and for Tution Classes is"Income from other Sources"
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