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2015 (8) TMI 110 - AT - Income TaxClean development mechanism receipts - revenue v/s capital receipts - Held that:- Amount received on sale of carbon credit is capital in nature and therefore we reverse the orders of Commissioner of Income Tax (Appeals) and the Assessing Officer on this issue. See CIT Vs. My Home Power Ltd. [2014 (6) TMI 82 - ANDHRA PRADESH HIGH COURT ] - Decided in favour of assessee.
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