https://www.taxtmi.com/caselaws?id=401221 The tribunal partly allowed the appeals for the assessment years 2012-13 and 2014-15, granting exemption under section 11 and confirming that the proviso to section 2(15) did not apply to the assessee. The issues concerning jurisdiction and excess capitalization of interest were either left open or dismissed, while the levy of interest under section 234B was upheld. en-us Mon, 23 Nov 2020 00:00:00 +0530 Tue, 01 Dec 2020 15:31:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401221 The tribunal partly allowed the appeals for the assessment years 2012-13 and 2014-15, granting exemption under section 11 and confirming that the proviso to section 2(15) did not apply to the assessee. The issues concerning jurisdiction and excess capitalization of interest were either left open or dismissed, while the levy of interest under section 234B was upheld. Case-Laws Income Tax Mon, 23 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401221