{"id":30236,"date":"2022-10-19T13:07:45","date_gmt":"2022-10-19T07:37:45","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-wescare-i-ltd-2022-138-taxmann-com-184-mad-hc-editorial-notice-issued-in-slp-filed-by-revenue-cit-v-wescare-i-ltd-2022-287-taxman-93-113-cch-273-sc\/"},"modified":"2022-10-19T13:07:45","modified_gmt":"2022-10-19T07:37:45","slug":"cit-v-wescare-i-ltd-2022-138-taxmann-com-184-mad-hc-editorial-notice-issued-in-slp-filed-by-revenue-cit-v-wescare-i-ltd-2022-287-taxman-93-113-cch-273-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-wescare-i-ltd-2022-138-taxmann-com-184-mad-hc-editorial-notice-issued-in-slp-filed-by-revenue-cit-v-wescare-i-ltd-2022-287-taxman-93-113-cch-273-sc\/","title":{"rendered":"CIT v. Wescare (I) Ltd. (2022) 138 Taxmann.com 184 (Mad.)(HC) Editorial: Notice issued in SLP filed by Revenue, CIT v. Wescare (I) Ltd. (2022) 287 Taxman 93\/113 CCH 273 (SC)"},"content":{"rendered":"<p>Held that proceeds realized by assessee-company, engaged in business of power generation through non-conventional sources i.e., windmills, on sale of certified emission reduction credit, which was earned on clean development mechanism in its wind energy operations was a capital receipt and hence, was not liable to be taxed. (AY 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 4 : Charge of income-tax-Carbon credit-Power generation-Capital receipt not liable to be taxed.  <\/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-30236","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7RG","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30236","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=30236"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30236\/revisions"}],"predecessor-version":[{"id":30237,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/30236\/revisions\/30237"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=30236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=30236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=30236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}