https://www.taxtmi.com/caselaws?id=415095 The tribunal allowed the appeals for both assessment years 2014-15 and 2015-16, holding that the activity of providing hostel facilities to students is educational in nature and thus exempt under Section 11 of the Income Tax Act. The tribunal directed the Assessing Officer to delete the additions made and allowed the exemptions claimed by the assessee. The issues of excess interest and penalty proceedings were not specifically adjudicated. en-us Thu, 30 Sep 2021 00:00:00 +0530 Thu, 25 Nov 2021 10:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415095 The tribunal allowed the appeals for both assessment years 2014-15 and 2015-16, holding that the activity of providing hostel facilities to students is educational in nature and thus exempt under Section 11 of the Income Tax Act. The tribunal directed the Assessing Officer to delete the additions made and allowed the exemptions claimed by the assessee. The issues of excess interest and penalty proceedings were not specifically adjudicated. Case-Laws Income Tax Thu, 30 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415095