M/S. SATIA INDUSTRIES LIMITED,MUKTSAR vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-1, BATHINDA
In the result, the appeal of the assessee bearing ITA No
ITA 193/ASR/2022[2018-19]Status: DisposedITAT Amritsar13 Jun 2023AY 2018-19
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
Section 115BSection 143(3)Section 144C(8)Section 250oSection 69C
6. The ld. DR vehemently argued and placed that the claim of the assessee is not related to carbon credit, so, it is not covered u/s 115BBG or as exempted income. The ld. DR argued that the revenue had properly taken it as an income
from business. The ld. DR relied on the order of the ld. AO para