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![Proceeds on Sale of Certified Emission Reduction Credit, earned on Clean Development Mechanism in wind energy operations is Capital Receipt, not Taxable: Madras High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Certified-Emission-Reduction-Credit-Clean-Development-Mechanism-wind-energy-operations-capital-receipt-Madras-High-court-Taxscan.jpeg "Proceeds on Sale of Certified Emission Reduction Credit, earned on Clean Development Mechanism in wind energy operations is Capital Receipt, not Taxable: Madras High Court [Read Judgment]")
Proceeds on Sale of Certified Emission Reduction Credit, earned on Clean Development Mechanism in wind energy operations is Capital Receipt, not Taxable: Madras High Court [Read Judgment]
The Madras High court held that proceeds realized on sale of Certified Emission Reduction Credit, which had been earned on the Clean Development...