Income from sale of carbon credits - Capital receipts vs Revenue ...

Case Laws Income Tax

June 17, 2015

Income from sale of carbon credits - Capital receipts vs Revenue receipts - No asset is generated in the course of business but it is generated due to environmental concerns. - The receipt is in the nature of capital receipt - not taxable - AT

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Income from sale of carbon credits - Capital receipts vs Revenue ...

Case Laws Income Tax

June 17, 2015

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