https://www.taxtmi.com/caselaws?id=299506 The Tribunal revised its order, determining that income from the sale of carbon credits before 01.04.2018 should be treated as capital receipts. As a result, the orders of the CIT(A) and the Assessing Officer were overturned, and the appeals for the assessment years 2010-11, 2011-12, 2012-13, and 2013-14 were allowed. The Miscellaneous Petitions by the assessee were granted, with the Tribunal's decision announced in Open Court on 09th April 2021 in Chennai. en-us Fri, 09 Apr 2021 00:00:00 +0530 Fri, 17 Dec 2021 08:51:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299506 The Tribunal revised its order, determining that income from the sale of carbon credits before 01.04.2018 should be treated as capital receipts. As a result, the orders of the CIT(A) and the Assessing Officer were overturned, and the appeals for the assessment years 2010-11, 2011-12, 2012-13, and 2013-14 were allowed. The Miscellaneous Petitions by the assessee were granted, with the Tribunal's decision announced in Open Court on 09th April 2021 in Chennai. Case-Laws Income Tax Fri, 09 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299506