https://www.taxtmi.com/caselaws?id=168091 The Gujarat High Court ruled that the proviso imposing a surcharge on undisclosed income under Section 113 of the Income Tax Act did not apply to the relevant assessment year (1990-91 to 1999-2000). The Tribunal's decision, unchallenged by the appellant, was upheld as it correctly identified the block period. The Court emphasized the significance of the assessment year and Finance Act provisions in determining liability. The appeal was dismissed as no substantial legal question emerged, affirming the Tribunal's interpretation of the law based on the factual record. en-us Tue, 28 Jun 2005 00:00:00 +0530 Mon, 05 Jan 2015 16:53:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168091 The Gujarat High Court ruled that the proviso imposing a surcharge on undisclosed income under Section 113 of the Income Tax Act did not apply to the relevant assessment year (1990-91 to 1999-2000). The Tribunal's decision, unchallenged by the appellant, was upheld as it correctly identified the block period. The Court emphasized the significance of the assessment year and Finance Act provisions in determining liability. The appeal was dismissed as no substantial legal question emerged, affirming the Tribunal's interpretation of the law based on the factual record. Case-Laws Income Tax Tue, 28 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168091