Embroidery work on job work basis is Manufacture; Additional Depreciation allowable

Income Tax Officer vs. M/s. Indus Textiles In this case assessee, was doing embroidery work on job work basis. The embroidery activity, according to the Tribunal, also results in production of a new article having a different market of its own and there are various stages involved in embroidery activity, as follows: i) Creating a digitalized embroidery design file, ii) Editing the design and/or combining it with other design (optional), iii) Loading the final design file into the embroidery machine, iv) Stabilizing the fabrics and place it in the machine v) Starting and monito...