https://www.taxtmi.com/caselaws?id=152674 The case involved the interpretation of the retroactive effect of a proviso to section 113 of the Income-tax Act in a block assessment scenario. The Revenue challenged an order by the Income-tax Appellate Tribunal regarding the levying of surcharge post rectification of a block assessment order. The Tribunal ruled that the proviso did not have retroactive effect and surcharge could not be imposed before its effective date. The Commissioner (Appeals) and Tribunal agreed that surcharge could not be levied retroactively through rectification proceedings. The decision confirmed that the proviso did not apply retroactively and upheld the Tribunal's ruling. en-us Fri, 23 Feb 2007 00:00:00 +0530 Mon, 08 Jul 2013 18:06:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152674 The case involved the interpretation of the retroactive effect of a proviso to section 113 of the Income-tax Act in a block assessment scenario. The Revenue challenged an order by the Income-tax Appellate Tribunal regarding the levying of surcharge post rectification of a block assessment order. The Tribunal ruled that the proviso did not have retroactive effect and surcharge could not be imposed before its effective date. The Commissioner (Appeals) and Tribunal agreed that surcharge could not be levied retroactively through rectification proceedings. The decision confirmed that the proviso did not apply retroactively and upheld the Tribunal's ruling. Case-Laws Income Tax Fri, 23 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152674