https://www.taxtmi.com/caselaws?id=69661 The Tribunal upheld the assessing authority's imposition of a surcharge over the tax levied under section 113 of the Income-tax Act, citing the validity of the Finance Act, 2001, which prescribed a 17% surcharge. The appeal was dismissed, emphasizing that the Finance Act's provisions on surcharge were constitutionally valid under Article 271 of the Constitution of India. en-us Mon, 16 Feb 2004 00:00:00 +0530 Sat, 15 Jun 2013 14:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69661 The Tribunal upheld the assessing authority's imposition of a surcharge over the tax levied under section 113 of the Income-tax Act, citing the validity of the Finance Act, 2001, which prescribed a 17% surcharge. The appeal was dismissed, emphasizing that the Finance Act's provisions on surcharge were constitutionally valid under Article 271 of the Constitution of India. Case-Laws Income Tax Mon, 16 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69661