https://www.taxtmi.com/caselaws?id=67570 The Appellate Tribunal ITAT Jaipur ruled on the interpretation of the expression "for the purposes of business of manufacture" in section 32(1)(vi) of the Income-tax Act, 1961 for the assessment year 1977-78. The tribunal held that the assessee was entitled to initial depreciation as the installation of machinery for manufacturing purposes sufficed, even though actual manufacturing was limited. The tribunal emphasized that the primary activity should determine the nature of the business, allowing the appeal and granting the assessee initial depreciation for engaging in manufacturing during the relevant year, albeit briefly and on a small scale. en-us Sat, 27 Mar 1982 00:00:00 +0530 Fri, 11 Mar 2011 13:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67570 The Appellate Tribunal ITAT Jaipur ruled on the interpretation of the expression "for the purposes of business of manufacture" in section 32(1)(vi) of the Income-tax Act, 1961 for the assessment year 1977-78. The tribunal held that the assessee was entitled to initial depreciation as the installation of machinery for manufacturing purposes sufficed, even though actual manufacturing was limited. The tribunal emphasized that the primary activity should determine the nature of the business, allowing the appeal and granting the assessee initial depreciation for engaging in manufacturing during the relevant year, albeit briefly and on a small scale. Case-Laws Income Tax Sat, 27 Mar 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67570