No. 21. Income Tax. 1967.


 from the said land or of any other material removed
 from the said land;
 (k) such other deductions (not being deductions of the
 kind disallowed by section 10) as may be prescribed.


 9. (1) In computing the chargeable income of a person Special
engaged in a trade, profession, business or vocation there shall deductions
be allowed- for capital
 expenditure
 (a) a deduction (hereinafter called an initial deduc-
 tion) of one tenth of the capital expenditure incurred
 during the basic year on the erection, alteration or
 acquisition of a building or structure which is or is
 intended to be an industrial building or structure
 occupied for a trade specified in subsection (6) of
 this section and of one fifth of the capital expenditure
 incurred during the basic year on the provision,
 alteration or improvement of plant or machinery
 used or to be used for the purposes of a trade, busi-
 ness, profession or vocation;

 (b) a deduction (hereinafter called an annual deduction)
 of a reasonable amount for wear and tear of-

 (i) an industrial building or structure as is owned
 and used for a trade specified in subsection (6)
 of this section;

 (ii) any plant or machinery as is owned by a person
 and used in a trade, business, or profession or
 vocation.
 (2) The same deductions shall be allowed to a person who
incurs the expenditure described in paragraph (a) of subsec-
tion (1) of this section and-
 (a) leases the industrial building or structure to another
 person who occupies it for the purpose of a trade
 specified in subsection (6) of this section;
 (b) hires the plant or machinery to another person who'
 uses it for the purpose of his trade, business, pro-
 fession or vocation.