https://www.taxtmi.com/caselaws?id=205538 The court held that the proviso to Section 113, inserted by the Finance Act 2002, was applicable to block assessments under Chapter XIV-B of the Income-Tax Act. Surcharge on income tax would be imposed even in cases where search occurred before 1.6.2002, based on the Finance Act of the year of the search. The court ruled in favor of the Revenue, clarifying the levy of surcharge on undisclosed income for block assessments conducted before and after June 1, 2002. en-us Tue, 22 Feb 2011 00:00:00 +0530 Fri, 03 Jun 2011 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205538 The court held that the proviso to Section 113, inserted by the Finance Act 2002, was applicable to block assessments under Chapter XIV-B of the Income-Tax Act. Surcharge on income tax would be imposed even in cases where search occurred before 1.6.2002, based on the Finance Act of the year of the search. The court ruled in favor of the Revenue, clarifying the levy of surcharge on undisclosed income for block assessments conducted before and after June 1, 2002. Case-Laws Income Tax Tue, 22 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205538