https://www.taxtmi.com/caselaws?id=284295 The tribunal partly allowed the assessee's appeal, recognizing Certified Emission Reductions (CERs) receipts as capital receipts not chargeable to tax. The tribunal affirmed the CIT(A)'s decision on disallowance under Section 14A. The Revenue's appeal was dismissed, and the additional grounds related to the computation of Book Profits under Section 115JB were restored to the Assessing Officer for fresh adjudication. en-us Fri, 31 Jul 2015 00:00:00 +0530 Mon, 11 Nov 2019 15:38:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284295 The tribunal partly allowed the assessee's appeal, recognizing Certified Emission Reductions (CERs) receipts as capital receipts not chargeable to tax. The tribunal affirmed the CIT(A)'s decision on disallowance under Section 14A. The Revenue's appeal was dismissed, and the additional grounds related to the computation of Book Profits under Section 115JB were restored to the Assessing Officer for fresh adjudication. Case-Laws Income Tax Fri, 31 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284295