Tax on undisclosed income with an added Pradhan Mantri Garib Kalyan Cess to fund welfare obligations. Undisclosed income declared within the specified period is chargeable to a special tax distinct from existing income-tax provisions; that tax is further increased by a surcharge called the Pradhan Mantri Garib Kalyan Cess, levied to fulfil government welfare commitments for economically weaker sections, creating a two-tier fiscal consequence for declarations under the scheme.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tax on undisclosed income with an added Pradhan Mantri Garib Kalyan Cess to fund welfare obligations.
Undisclosed income declared within the specified period is chargeable to a special tax distinct from existing income-tax provisions; that tax is further increased by a surcharge called the Pradhan Mantri Garib Kalyan Cess, levied to fulfil government welfare commitments for economically weaker sections, creating a two-tier fiscal consequence for declarations under the scheme.
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