{"id":39298,"date":"2024-02-21T11:33:59","date_gmt":"2024-02-21T06:03:59","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-gujarat-flurochemicals-ltd-2023-295-taxman-200-guj-hc\/"},"modified":"2024-03-31T06:29:06","modified_gmt":"2024-03-31T00:59:06","slug":"pcit-v-gujarat-flurochemicals-ltd-2023-295-taxman-200-guj-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-gujarat-flurochemicals-ltd-2023-295-taxman-200-guj-hc\/","title":{"rendered":"PCIT v. Gujarat Flurochemicals Ltd. (2023) 459 ITR 242\/295 Taxman 200 (Guj.)(HC)"},"content":{"rendered":"<p>Assessee earned income from trading of carbon credits. The\u00a0 Assessing Officer treated same as revenue receipt. Tribunal held that assessee&#8217;s income from trading of carbon credits should be in nature of capital receipts. Order of Tribunal is affirmed.\u00a0\u00a0 (AY. 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 4 : Charge of income-tax-Capital-Income from trading of carbon credits-Capital receipts. [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-39298","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-adQ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39298","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=39298"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39298\/revisions"}],"predecessor-version":[{"id":40951,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39298\/revisions\/40951"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=39298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=39298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}