TaxTMI 
TaxTMI 
TaxTMI 
List of articles and things
X X X X Extracts X X X X
X X X X Extracts X X X X
....ernal combustion engines. (6) Flame and drip proof motors. (7) Equipment for the generation and transmission of electricity including transformers, cables and transmission towers. (8) Machine tools and precision tools (including their attachments and accessories, cutting tools and small tools), dies and jigs. (9) Tractors, earth moving machinery and agricultural implements. (10) Motor trucks and buses. (11) Steel castings and forgings and malleable iron and steel castings. (12) Cement and refractories. (13) 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 orig....
X X X X Extracts X X X X
X X X X Extracts X X X X
....on seed.] 10[(32) Textiles (including those dyed, printed or otherwise processed) made wholly or mainly of cotton, including cotton yarn, hosiery and rope. (33) Textiles (including those dyed, printed or otherwise processed) made wholly or mainly of jute, including jute twine and jute rope.] *************** NOTES:- 1. Omitted vide Section 48 of the Finance Act, 1964 w.e.f. 01-04-1964 before it was read as, "THE FIFTH SCHEDULE EXEMPTION FROM SUPER-TAX IN RESPECT OF CERTAIN DIVIDENDS [See section 99(1)(iv)] 1. Super-tax shall not be payable by a company in respect of any dividend which is assessable for the assessment year commencing on the 1st day of April, 1962, and for the subsequent ass....
X X X X Extracts X X X X
X X X X Extracts X X X X
....or the purpose of increasing the production of, or starting a separate unit for the manufacture or production of, any one or more of the articles specified in any of the items in Part A of this Schedule; and (b) after the 31st day of March, 1961 and before the 1st day of April, 1967, for the purpose of increasing the production of, or starting a separate unit for the manufacture or production of, any one or more of the articles specified in any of the items in Part B of this Schedule. 3. Where by any Act any of the items in Part A or Part B of this Schedule is repealed, then, notwithstanding such repeal, any exemption conferred by rule 1 or rule 2 shall continue to be available for the dividends declared by any Indian company engaged in....
X X X X Extracts X X X X
X X X X Extracts X X X X
....hetic rubber; (e) Man-made fibres, other than viscose rayon; (f) Coke oven by-products; (g) Coal-tar distillation products like naphthalene, anthra-cene and the like;; (h) Explosives, including gun-powder and safety fuses; 5. Inorganic, organic and mixed fertilisers; 6. Industrial machinery of the following types (including gear wheels and parts thereof, boilers and steam generating plants):- A. Major items of specialised equipment used in specific industries: (i) Textile machinery (such as frames, carding machines, powerlooms and the like) including textile accessories; (ii) Jute machinery; (iii) Rayon machinery; (iv) Sugar machinery; (v) Tea machinery; (vi) Mining machinery; (vii) Metallurgical machinery; (vi....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... 18. Machine Tools; 19. Agriculture Implements; 20. Ferro-manganese; 21. Dye-stuffs; 22. Refractories; and 23. Steel pipes and spun iron pipes. PART B 1. Steel, castings; 2. Steel forgings provided the undertaking is equipped with forges of two-ton hammer and above; 3. Pulp machinery; 4. Pulp for paper and artificial fibres; 5. Dies and jigs; 6. Precision tools; 7. Industrial Instruments: (i) Water meters, steam meters and electricity meters; (ii) Indicating, recording and regulating devices for pressure, temperature, rate of flow, weights and levels. 8. Scientific Instruments; 9. Sealed compressor units for the refrigeration industry; 10. Earth-moving equipment; 11. Boilers; 12. Electrical Railway S....