Nature of receipt - Whether capital or revenue - It is a nature ...

Case Laws Income Tax

March 14, 2014

Nature of receipt - Whether capital or revenue - It is a nature of entitlement to reduce carbon emission, however, there is no cost of acquisition or cost of production to get this entitlement - Carbon credit is not in the nature of profit or in the nature of income. - AT

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Nature of receipt - Whether capital or revenue - It is a nature ...

Case Laws Income Tax

March 14, 2014

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