{"id":21036,"date":"2021-08-11T11:24:57","date_gmt":"2021-08-11T05:54:57","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-lanco-tanjore-power-co-ltd-2021-434-itr-671-mad-hc\/"},"modified":"2022-05-02T14:39:53","modified_gmt":"2022-05-02T09:09:53","slug":"pcit-v-lanco-tanjore-power-co-ltd-2021-434-itr-671-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-lanco-tanjore-power-co-ltd-2021-434-itr-671-mad-hc\/","title":{"rendered":"PCIT v. Lanco Tanjore Power Co. Ltd. (2021) 434 ITR 671 (Mad.)(HC) Editorial : Notice issued in SLP filed against order of High Court, PCIT v. Lanco Tanjore Power Co. Ltd. (2022) 284 Taxman 276 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that a receipt on sale of carbon emission reduction is a capital receipt. Followed S.P. Spinning Mills Pvt. Ltd. v. ACIT (2021) 433 ITR 61 (Mad.)(HC).(AY. 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 4 : Charge of income-tax-Crabon credits-Capital receipts-Not taxable. <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-21036","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-5ti","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/21036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=21036"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/21036\/revisions"}],"predecessor-version":[{"id":26755,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/21036\/revisions\/26755"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=21036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=21036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=21036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}