What is concessional rate of income tax for income from the transfer of carbon credit ?

CS Executive · Tax Laws and Practice · PYQS · December 2021
What is concessional rate of income tax for income from the transfer of carbon credit ?
(A) 3% (+SE+EC+SHEC)
(B) 5% (+SE+EC+SHEC)
(C) 10% (+SE+EC+SHEC)
(D) 20% (+SE+EC+SHEC)

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Income Tax Act, 1961

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