TMI BlogTax on income from transfer of carbon credits - Section 115BBGX X X X Extracts X X X X X X X X Extracts X X X X ..... carbon credits - Section 115BBG the following section shall be inserted with effect from the 1st day of April, 2018, . Where the total income ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... his income referred above. Note:- carbon credit in respect of one unit shall mean reduction of one tonne of carbon dioxide emissions or emissions of its equivalent gases which is validated b ..... X X X X Extracts X X X X X X X X Extracts X X X X
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