https://www.taxtmi.com/caselaws?id=336037 The appeal regarding interest under Section 244A was dismissed. The disallowance under Section 14A read with Rule 8D was limited to Rs. 2,00,000. The addition under Section 40A(2)(b) was deleted. The deduction under Section 115JB was allowed. The deduction under Section 80IA(4)(iv) was allowed at the selling price. Income from the realization of carbon credits was treated as a capital receipt. en-us Fri, 09 Dec 2016 00:00:00 +0530 Wed, 14 Dec 2016 16:14:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336037 The appeal regarding interest under Section 244A was dismissed. The disallowance under Section 14A read with Rule 8D was limited to Rs. 2,00,000. The addition under Section 40A(2)(b) was deleted. The deduction under Section 115JB was allowed. The deduction under Section 80IA(4)(iv) was allowed at the selling price. Income from the realization of carbon credits was treated as a capital receipt. Case-Laws Income Tax Fri, 09 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336037