Income-tax Act,1961
Act No : 43
Section :
Omitted by the Taxation Laws (Amendment & Miscellaneous Provisions),Act, 1986, w.e.f. 1-4-1988.]
1[THE NINTH SCHEDULE Omitted by the Taxation Laws (Amendment & Miscellaneous Provisions), Act, 1986, w.e.f. 1-4-1988.] ----------------------------------------------------------------------- 1 Prior to the omission, the Ninth Schedule, as inserted by the Direct Taxes (Amendment) Act, 1974, w.e.f. 1-4-1975 and amended by the Finance Act, 1975, W.e.f. 1-4-1976; Finance Act, 1976, w.e.f. 1-4- 1976; Finance (No. 2) Act, 1977, w.e.f. 1-4-1978; Finance Act, 1981, w.e.f. 1-4-1982 and the Finance Act, 1984, w.e.f. 1-4-1985 read as under: "[See section 32(1)(iv)] List of articles or things 1. Iron and steel (metal). 2. Non-ferrous metals. 3. Ferro-alloys and special steels. 4. Steel castings and forgings and alloy, malleable and SG iron castings. 5. Thermal and hydro-power generation equipment. 6. Transformers and switch gears. 7. Electric motors. 8. Industrial and agricultural machinery. 9. Earth-moving machinery. 10. Machine tools. 11. Fertilisers, namely, ammonium sulphate, ammonium sulphate nitrate (double salt), ammonium nitrate, calcium ammonium nitrate (nitrolime stone), ammonium chloride, superphosphate, urea and complex fertilisers of synthetic origin containing both nitrogen and phosphorus, such as ammonium phosphates, ammonium sulphate phosphate and ammonium nitmphosphate. 12. Soda ash. 13. Caustic soda. 14, Commercial vehicles. 15. Ships. 16. Aircraft. 17. Tyres and tubes. 18. Paper, pulp and newsprint. 19. Sugar. 20. Vegetable oils. 21. Textiles (including those dyed, printed or otherwise processed) made wholly or mainly of cotton, including cotton yam, hosiery and rope. 22. Textiles (including those dyed, printed or otherwise processed) made wholly or mainly of jute, including jute twine and jute rope. 23. Cement and refractories. 24. Pesticides. 25. Carbon and graphite products. 26. Inorganic heavy chemicals (other than soda ash and caustic soda mentioned in items 12 and 13, respectively). 27. Organic heavy chemicals. 28. Synthetic rubber and rubber chemicals (including carbon black). 29. Industrial explosives. 30. Basic drugs. 31. Industrial sewing machines. 32. Finished leather and leather goods (including footwear made wholly or mainly of leather). 33. Electronic components and raw materials; computers and peripherals; communication equipment, process control, instrumentation, industrial and professional grade electronic equipment. Explanation.-The article specified in item 24 does not include any formulation of pesticides unless the formulation is prepared by the manufacturer, or producer of the basic pesticidal chemicals from which such formulation has been prepared." -----------------------------------------------------------------------
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