2020 (11) TMI 419

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..... he Assessing Officer for the block assessment pertaining to the period prior to 01.06.2002? - HELD THAT:- The impugned order insofar as it levies surcharge with consequential interest thereon, cannot be sustained and that portion of the assessment shall stand deleted. The assessment of the Petitioner in the impugned order in other respects is confirmed. The Petitioner is entitled to work out his r .....

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..... lock period from 01.04.1989 to 02.03.2000 under Section 143(3) read with Section 158BC of the Income Tax Act, 1961 (hereinafter referred to as the 'Act' for short). 3. The grievance sought to be ventilated by the Petitioner is that the surcharge at 10% with interest thereon could not have been levied for the tax payable by the Petitioner for that period in view of the relevant statutory .....

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