{"id":32567,"date":"2023-02-10T10:43:55","date_gmt":"2023-02-10T05:13:55","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-chemplast-sanmat-ltd-2022-142-tamann-com-515mad-hc-editorial-notice-issued-in-slp-filed-by-revenuepcit-v-chemplast-sanmat-ltd-2022-289-taxman-168-sc\/"},"modified":"2023-02-10T10:43:55","modified_gmt":"2023-02-10T05:13:55","slug":"pcit-v-chemplast-sanmat-ltd-2022-142-tamann-com-515mad-hc-editorial-notice-issued-in-slp-filed-by-revenuepcit-v-chemplast-sanmat-ltd-2022-289-taxman-168-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-chemplast-sanmat-ltd-2022-142-tamann-com-515mad-hc-editorial-notice-issued-in-slp-filed-by-revenuepcit-v-chemplast-sanmat-ltd-2022-289-taxman-168-sc\/","title":{"rendered":"PCIT v. Chemplast Sanmat Ltd. (2022) 142 tamann.com 515(Mad.)(HC) Editorial: Notice issued in SLP filed by Revenue,PCIT v. Chemplast Sanmat Ltd. (2022) 289 Taxman 168 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Court held that receipt from sale of carbon credit (i.e. Carbon Emission Reduction (CER) credit) received is\u00a0 a capital receipt and, hence, not liable to\u00a0 tax. (AY. 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.  4 : Charge of income-tax-Carbon credit-Capital or revenue-Receipt from sale of carbon credit was a capital receipt and hence not liable to tax. [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-32567","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8th","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32567","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=32567"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32567\/revisions"}],"predecessor-version":[{"id":32568,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32567\/revisions\/32568"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=32567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=32567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=32567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}