Carbon credits, specifically Certified Emission Reductions, are tax-exempt for the specified assessment year u/ss 2(24), 28, 45, and 56. https://www.taxtmi.com/highlights?id=6003 Carbon Credits (Certified Emission Reductions) - It is not liable for tax for the assessment year under consideration in terms of sections 2(24), 28, 45 and 56 of the Income-tax Act, 1961. - AT en-us Thu, 08 Nov 2012 09:40:19 +0530 Thu, 08 Nov 2012 09:40:19 +0530 TaxTMI RSS Generator Carbon credits, specifically Certified Emission Reductions, are tax-exempt for the specified assessment year u/ss 2(24), 28, 45, and 56. https://www.taxtmi.com/highlights?id=6003 Carbon Credits (Certified Emission Reductions) - It is not liable for tax for the assessment year under consideration in terms of sections 2(24), 28, 45 and 56 of the Income-tax Act, 1961. - AT Highlights Income Tax Thu, 08 Nov 2012 09:40:19 +0530 https://www.taxtmi.com/highlights?id=6003