{"id":23329,"date":"2022-01-05T10:47:54","date_gmt":"2022-01-05T05:17:54","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-tamil-nadu-newsprint-papers-ltd-2021-282-taxman-350-mad-hc\/"},"modified":"2022-01-05T10:47:54","modified_gmt":"2022-01-05T05:17:54","slug":"cit-v-tamil-nadu-newsprint-papers-ltd-2021-282-taxman-350-mad-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-tamil-nadu-newsprint-papers-ltd-2021-282-taxman-350-mad-hc\/","title":{"rendered":"CIT v. Tamil Nadu Newsprint &#038; Papers Ltd. (2021) 282 Taxman 350 (Mad.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that\u00a0 proceeds realized by assessee company, carrying on business of generation of electricity on sale of Certified Emission Reduction Credit (carbon credit)\u00a0 was capital receipts and not taxable. (AY.\u00a0 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 4 : Charge of income-tax-Carbon credit-Business of generation of electricity-Capital receipts-Not taxable. [S. 28(i)] <\/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-23329","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-64h","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23329","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=23329"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23329\/revisions"}],"predecessor-version":[{"id":23330,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23329\/revisions\/23330"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=23329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=23329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=23329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}