https://www.taxtmi.com/caselaws?id=183548 The Appellate Tribunal upheld the lower authorities' decisions regarding the set off of losses from the windmill business against profits for a specific assessment year, emphasizing the justification for the deduction under section 80IA based on a High Court decision. Additionally, the Tribunal affirmed that income from the sale of carbon credits was capital in nature, supporting the assessee's eligibility for the deduction. The Revenue's appeal was dismissed, and the order was issued in January 2015 in Chennai. en-us Fri, 30 Jan 2015 00:00:00 +0530 Tue, 14 Jun 2016 09:55:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183548 The Appellate Tribunal upheld the lower authorities' decisions regarding the set off of losses from the windmill business against profits for a specific assessment year, emphasizing the justification for the deduction under section 80IA based on a High Court decision. Additionally, the Tribunal affirmed that income from the sale of carbon credits was capital in nature, supporting the assessee's eligibility for the deduction. The Revenue's appeal was dismissed, and the order was issued in January 2015 in Chennai. Case-Laws Income Tax Fri, 30 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183548