https://www.taxtmi.com/caselaws?id=186305 The Tribunal determined that income from the sale of carbon credits is of a capital nature, not eligible for deduction under section 80IA. The assessee's appeal was partly allowed, in line with a previous decision for another assessment year. The Tribunal directed the Assessing Officer to address specific receipts from carbon credit sales for a prior year separately. The final order was issued on 1st April 2016 in Chennai, concluding the case. en-us Fri, 01 Apr 2016 00:00:00 +0530 Wed, 14 Sep 2016 10:34:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186305 The Tribunal determined that income from the sale of carbon credits is of a capital nature, not eligible for deduction under section 80IA. The assessee's appeal was partly allowed, in line with a previous decision for another assessment year. The Tribunal directed the Assessing Officer to address specific receipts from carbon credit sales for a prior year separately. The final order was issued on 1st April 2016 in Chennai, concluding the case. Case-Laws Income Tax Fri, 01 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186305