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SCHEDULE XII of Income Tax Act - MINERALS

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Last Updated: 01-04-2026

SCHEDULE XII

(See section 51)

PART-A

MINERALS

 

  1. Aluminum ores.
  1. Apatite and phosphatic ores.
  1. Beryl.
  1. Chrome ore.
  1. Coal and lignite.
  1. Columbite, Samarskite and other minerals of the “rare earths “group.
  1. Copper.
  1. Gold.
  1. Gypsum.
  1.  Iron ore.
  1.  Lead.
  1.  Manganese ore.
  1.  Molybdenum.
  1.  Nickel ores.
  1.  Platinum and other precious metals and their ores. 
  1.  Pitchblende and other uranium ores.
  1.  Precious stones.
  1.  Rutile.
  1.  Silver.
  1.  Sulphur and its ores.
  1.  Tin.
  1.  Tungsten ores.
  1.  Uriniferous allanite, monazite and other thorium minerals.
  1.  Uranium bearing tailings left over from ores after extraction of copper and gold, ilmenite and                                   

      other titanium ores.

  1.  Vanadium ores.
  1.  Zinc.
  1.  Zircon

 

PART- B

GROUPS OF ASSOCIATED MINERALS

  1.  Apatite, Beryl, Cassiterite, Columbite, Emerald, Felspar, Lepidolite, Mica, Pitchblende, Quartz, Samarskite, Scheelite, Topaz, Tantalite, Tourmaline.
  1. Iron, Manganese, Titanium, Vanadium and Nickel minerals.
  1. Lead, Zinc, Copper, Cadmium, Arsenic, Antimony, Bismuth, Cobalt, Nickel, Molybdenum, and Uranium minerals, and Gold and Silver, Arsenopyrite, Chalcopyrite, Pyrite, Pyrrhotite and Pentlandite.
  1. Chromium, Ommatidium, Platinum and Nickel minerals.
  1. Kyanite, Sillimanite, Corundum, Dumortierite and Topaz.
  1. Gold, Silver, Tellurium, Selenium and Pyrite.
  1. Barytes, Fluorite, Chalcocite, Selenium, and minerals of Zinc, Lead and

Silver.

  1. Tin and Tungsten minerals.
  1. Limestone, Dolomite and Magnesite.
  1. Ilmenite, Monazite, Zircon, Rutile, Garnet and Sillimanite.
  1. Sulphones of Copper and Iron.
  1. Coal, Fire clay and Shale.
  1. Magnetite and Apatite.
  1. Magnesite and Chromite.
  1. Talc (Soapstone and Steatite) and Dolomite.
  1. Bauxite, Laterite, Aluminous Clays, Lithomarge, Titanium, Vanadium, Gallium and Columbium minerals.