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2015 (10) TMI 1867 - ITAT HYDERABADDeduction u/s. 80IA - Exemption claimed on the sale of carbon credits in assessee's power division - Held that:- Assessee is not entitled for deduction u/s. 80-IA(1), but the said amounts are to be treated as a capital receipts not taxable as income as held by CIT(A) relying on The Commissioner of Income Tax – IV, Hyderabad Versus M/s. My Home Power Ltd. [2014 (6) TMI 82 - ANDHRA PRADESH HIGH COURT] - Decided against revenue.
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