https://www.taxtmi.com/caselaws?id=20113 The court ruled in favor of the assessee on both issues. Regarding entitlement to development rebate, the assessee was granted a 25% rebate on new plant and machinery for the construction business for the relevant assessment years. In the matter of the competency of appeal against the levy of interest under section 215, the Supreme Court clarified that the appeal was competent if the assessee disputed the levy entirely. The Tribunal was directed to reconsider the appealability based on this clarification. No costs were awarded in this judgment. en-us Wed, 11 Nov 1992 00:00:00 +0530 Wed, 11 Nov 2009 17:14:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20113 The court ruled in favor of the assessee on both issues. Regarding entitlement to development rebate, the assessee was granted a 25% rebate on new plant and machinery for the construction business for the relevant assessment years. In the matter of the competency of appeal against the levy of interest under section 215, the Supreme Court clarified that the appeal was competent if the assessee disputed the levy entirely. The Tribunal was directed to reconsider the appealability based on this clarification. No costs were awarded in this judgment. Case-Laws Income Tax Wed, 11 Nov 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20113