1982 (3) TMI 150

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..... vi) of s. 32(1) of the IT Act, 1961. The previous year of the assessee ended on 23rd October 1976. It started its business from 1st April 1976. The ITO took the view that there was no business of manufacture or production within the meaning of s. 32(1)(vi) of the assessee during the previous year relevant to the year under appeal and, therefore, the assessee was not entitled to initial depreciatio .....

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..... ed the manufacturing work during the previous year relevant to the year under appeal and that had shifted to anodising work. So the AAC accepted that the assessee had carried on the business of manufacturing during the year under appeal. The question is whether s. 32(1)(vi) enjoins upon the assessee to continue the business of manufacture for the whole year and whether the claim of initial depreci .....

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..... erely as testing manufacturing. When a machinery is useful for several purposes including manufacture of some items, it cannot be said that main business was not of manufacture, because the assessee started anodising work in the firm instance. The order of starting the business will not determine the principal or the subsidiary business. The business started in the beginning cannot be said to be t .....

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