Eleventh Schedule insertion lists specified consumer and household goods, defining items for tax treatment and depreciation eligibility. Insertion of a new Eleventh Schedule into the Income-tax Act lists specific categories of consumer, household and commercial goods - such as alcoholic beverages, tobacco preparations, cosmetics, dental and soap preparations, aerated-water flavouring concentrates, confectionery, audio-visual and photographic apparatus, domestic electrical appliances, household furniture and utensils, pressure cookers, detergents and surface-active agents, office machines and apparatus, steel furniture, safes, foam products, pigments and paints, fittings and packaging components, and public-address amplifiers - and includes explanatory notes defining the scope of certain entries.
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Eleventh Schedule insertion lists specified consumer and household goods, defining items for tax treatment and depreciation eligibility.
Insertion of a new Eleventh Schedule into the Income-tax Act lists specific categories of consumer, household and commercial goods - such as alcoholic beverages, tobacco preparations, cosmetics, dental and soap preparations, aerated-water flavouring concentrates, confectionery, audio-visual and photographic apparatus, domestic electrical appliances, household furniture and utensils, pressure cookers, detergents and surface-active agents, office machines and apparatus, steel furniture, safes, foam products, pigments and paints, fittings and packaging components, and public-address amplifiers - and includes explanatory notes defining the scope of certain entries.
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