Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Block assessment tax: undisclosed block-period income subject to a flat statutory rate with an additional surcharge. The total undisclosed income of the block period determined under section 158BC is chargeable to tax at a fixed statutory rate, and the tax so chargeable is increased by any applicable surcharge under central law. This provision imposes a consolidated tax treatment on income identified in block assessments arising from searches or requisitions.
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.
Block assessment tax: undisclosed block-period income subject to a flat statutory rate with an additional surcharge.
The total undisclosed income of the block period determined under section 158BC is chargeable to tax at a fixed statutory rate, and the tax so chargeable is increased by any applicable surcharge under central law. This provision imposes a consolidated tax treatment on income identified in block assessments arising from searches or requisitions.
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