https://www.taxtmi.com/caselaws?id=325183 The Tribunal consistently upheld the CIT(A)'s decisions across multiple assessment years, rejecting the Revenue's challenges on various grounds including the treatment of carbon credit sales as capital receipts, disallowance of miscellaneous expenses and building/machinery repairs, suppressed production and sale of bagasse, and applicability of Section 115JB. The Tribunal also directed a fresh consideration on the provision of interest on extra levy price. The legal principles and precedents guided the Tribunal's decisions, resulting in the disposal of appeals and cross objections accordingly. en-us Tue, 09 Feb 2016 00:00:00 +0530 Sat, 12 Mar 2016 09:13:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325183 The Tribunal consistently upheld the CIT(A)'s decisions across multiple assessment years, rejecting the Revenue's challenges on various grounds including the treatment of carbon credit sales as capital receipts, disallowance of miscellaneous expenses and building/machinery repairs, suppressed production and sale of bagasse, and applicability of Section 115JB. The Tribunal also directed a fresh consideration on the provision of interest on extra levy price. The legal principles and precedents guided the Tribunal's decisions, resulting in the disposal of appeals and cross objections accordingly. Case-Laws Income Tax Tue, 09 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325183