IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.N.RAMACHANDRAN NAIR & THE HONOURABLE MR. JUSTICE V.K.MOHANAN MONDAY, THE 7TH SEPTEMBER 2009 / 16TH BHADRA 1931 ITA.No. 1570 of 2009() ---------------------- ITA.50/COCH/2003 of I.T.A.TRIBUNAL,COCHIN BENCH .................... APPELLANT/RESPONDENT ---------------------------------------- THE COMMISSIONER OF INCOME TAX (CENTRAL) COCHIN. BY ADV. SRI.P.K.R.MENON,SR.COUNSEL, GOI(TAXES) SRI.JOSE JOSEPH, SC, FOR INCOME TAX RESPONDENT(S): APPELLANT ------------------------ M/S.HOTEL AMRUTHA & BAR,CALICUT. THIS INCOME TAX APPEAL HAVING COME UP FOR ADMISSION ON 07/09/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C.N.RAMACHANDRAN NAIR & V.K.MOHANAN, JJ. .................................................................... I.T. Appeal No.1570 of 2009 .................................................................... Dated this the 7th day of September, 2009. JUDGMENT Ramachandran Nair, J. Since the issue raised i.e. liability for surcharge in block assessment made after search made prior to 1.6.2002 is covered by decision of the Supreme Court in COMMISSIONER OF INCOME- TAX V. SURESH N. GUPTA (2008) 297 ITR 322, we allow the appeal by reversing the order of the Tribunal and that of the first appellate authority and remand the matter to the Assessing Officer for recomputation of liability based on judgment abovereferred, after issuing notice to the assessee and after serving a copy of this judgment on the assessee. C.N.RAMACHANDRAN NAIR Judge V.K.MOHANAN Judge pms