https://www.taxtmi.com/caselaws?id=281963 The Tribunal allowed the appeal in favor of the assessee on multiple grounds, including the taxability of Carbon Credit income as capital, disallowance of revenue expenditure on stores and spares, depreciation on assets given on lease, additional depreciation on windmills, expenditure on corporate social responsibility, loss on fertilizer bonds, and discount to dealers. The Revenue's appeal was partially allowed, with some matters remanded for review. The Tribunal's decision was influenced by past judicial rulings, leading to the favorable outcome for the assessee. en-us Thu, 17 May 2018 00:00:00 +0530 Mon, 15 Jul 2019 10:18:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281963 The Tribunal allowed the appeal in favor of the assessee on multiple grounds, including the taxability of Carbon Credit income as capital, disallowance of revenue expenditure on stores and spares, depreciation on assets given on lease, additional depreciation on windmills, expenditure on corporate social responsibility, loss on fertilizer bonds, and discount to dealers. The Revenue's appeal was partially allowed, with some matters remanded for review. The Tribunal's decision was influenced by past judicial rulings, leading to the favorable outcome for the assessee. Case-Laws Income Tax Thu, 17 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281963