https://www.taxtmi.com/caselaws?id=210072 The tribunal upheld the CIT(A)'s decision, granting the exemption under section 10(23FB) for interest income earned from bank deposits. The tribunal ruled that the assessee met the exemption conditions, did not violate SEBI regulations or the trust deed, and the amendment to section 10(23FB) was not applicable for the relevant assessment years. Appeals by the Revenue were dismissed. en-us Fri, 27 May 2011 00:00:00 +0530 Mon, 10 Dec 2012 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210072 The tribunal upheld the CIT(A)'s decision, granting the exemption under section 10(23FB) for interest income earned from bank deposits. The tribunal ruled that the assessee met the exemption conditions, did not violate SEBI regulations or the trust deed, and the amendment to section 10(23FB) was not applicable for the relevant assessment years. Appeals by the Revenue were dismissed. Case-Laws Income Tax Fri, 27 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210072