https://www.taxtmi.com/caselaws?id=304343 The Tribunal ruled in favor of the assessee regarding the deduction under section 80IA for income from the sale of Carbon Emission Reduction Units (CERs) and the interest subsidy. The income from CERs was considered a capital receipt and not taxable. However, the issue of the insurance receipt was remitted for further verification by the Assessing Officer. The Revenue's appeals were allowed for statistical purposes only. en-us Wed, 15 Apr 2015 00:00:00 +0530 Thu, 22 Sep 2022 07:38:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304343 The Tribunal ruled in favor of the assessee regarding the deduction under section 80IA for income from the sale of Carbon Emission Reduction Units (CERs) and the interest subsidy. The income from CERs was considered a capital receipt and not taxable. However, the issue of the insurance receipt was remitted for further verification by the Assessing Officer. The Revenue's appeals were allowed for statistical purposes only. Case-Laws Income Tax Wed, 15 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304343