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![Receipts from Carbon Credit is not Business Income: ITAT disallows Deduction Claim [Read Order] Receipts from Carbon Credit is not Business Income: ITAT disallows Deduction Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Carbon-Credit-ITAT-Deduction-Claim-Taxscan.jpg)
Receipts from Carbon Credit is not Business Income: ITAT disallows Deduction Claim [Read Order]
The Income Tax Appellate Tribunal (ITAT) held that the receipts from the sale of the carbon credit are liable to be treated as the capital receipts on...