Schedule XII amendment expands mineral entries by adding several specified bearing minerals and potash. Schedule XII to the Income-tax Act is amended in Part A by inserting additional entries after serial number 27. The new entries include beryllium bearing minerals, glauconite, graphite, indium bearing minerals, lithium bearing minerals, niobium bearing minerals, potash, rhenium bearing minerals, and tantalum bearing minerals. The amendment expands the schedule by adding these specified mineral categories.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Schedule XII amendment expands mineral entries by adding several specified bearing minerals and potash.
Schedule XII to the Income-tax Act is amended in Part A by inserting additional entries after serial number 27. The new entries include beryllium bearing minerals, glauconite, graphite, indium bearing minerals, lithium bearing minerals, niobium bearing minerals, potash, rhenium bearing minerals, and tantalum bearing minerals. The amendment expands the schedule by adding these specified mineral categories.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
