TMI BlogCourt Rules Carbon Credit Sales Not Taxable as Profit; Revision u/s 263 Incorrect.Once it is found that the amount realized by sale of carbon credit is not taxable as profit, naturally it will have no adverse effect on the Revenue. - Revision proceeding u/s 263 are not correct - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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