In this Act, unless the context otherwise requires,.

(4) "business" includes -

(i) any trade, commerce or manufacture or any adventure or concern in the nature of trade, commerce or manufacture, whether or not such trade, commerce, manufacture, adventure or concern is carried on with a motive to make profit or gain and whether or not any profit or gain accrues from such trade, commerce, manufacture, adventure or concern; and

(ii) any transaction of buying, selling or supplying raw materials, processing materials, consumable stores, waste products or such other goods which is ancillary or incidental to or resulting from such trade, commerce, manufacture, adventure or concern;