https://www.taxtmi.com/caselaws?id=260587 The judgment upheld the taxability of income from the sale of carbon credits as a capital receipt, dismissed the appeal on the crediting of income to a sister concern, and likely upheld the exclusion of profit on the sale of assets from the deduction claimed. The decision was based on the High Court's ruling and confirmed by the Appellate Tribunal, resulting in the dismissal of the Revenue's appeal. en-us Fri, 07 Nov 2014 00:00:00 +0530 Wed, 17 Jun 2015 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260587 The judgment upheld the taxability of income from the sale of carbon credits as a capital receipt, dismissed the appeal on the crediting of income to a sister concern, and likely upheld the exclusion of profit on the sale of assets from the deduction claimed. The decision was based on the High Court's ruling and confirmed by the Appellate Tribunal, resulting in the dismissal of the Revenue's appeal. Case-Laws Income Tax Fri, 07 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260587