https://www.taxtmi.com/caselaws?id=218831 The High Court dismissed the tax case appeals, confirming the Tribunal's order. The court held that the block assessment was not barred by limitation, Explanation 1(iv) to Section 158BE was retrospective, the surcharge under Section 113 was applicable retrospectively, and the interest levied under Section 158BFA(1) was justified. The appeals were dismissed with no costs. en-us Wed, 06 Jun 2012 00:00:00 +0530 Tue, 27 Nov 2012 16:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218831 The High Court dismissed the tax case appeals, confirming the Tribunal's order. The court held that the block assessment was not barred by limitation, Explanation 1(iv) to Section 158BE was retrospective, the surcharge under Section 113 was applicable retrospectively, and the interest levied under Section 158BFA(1) was justified. The appeals were dismissed with no costs. Case-Laws Income Tax Wed, 06 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218831