https://www.taxtmi.com/caselaws?id=419219 The court allowed the petition, directing the respondent to issue a fresh assessment order recalculating the tax and interest payable. The recalculation should exclude the 15% surcharge and limit the interest payable from 5th January 1997 to 9th April 1997. The petitioner must pay any amount due within seven days of receiving the fresh demand, with interest at 18% per annum applicable for delays. Refunds, if any, should be processed and paid within four weeks. The petitioner's undertaking to withdraw the pending appeal was accepted, and the petition was disposed of accordingly. en-us Fri, 25 Feb 2022 00:00:00 +0530 Fri, 24 Jun 2022 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419219 The court allowed the petition, directing the respondent to issue a fresh assessment order recalculating the tax and interest payable. The recalculation should exclude the 15% surcharge and limit the interest payable from 5th January 1997 to 9th April 1997. The petitioner must pay any amount due within seven days of receiving the fresh demand, with interest at 18% per annum applicable for delays. Refunds, if any, should be processed and paid within four weeks. The petitioner's undertaking to withdraw the pending appeal was accepted, and the petition was disposed of accordingly. Case-Laws Income Tax Fri, 25 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419219