https://www.taxtmi.com/caselaws?id=8262 The court allowed the petition, quashing the orders of the Income-tax Officer, Assistant Commissioner, and Commissioner of Income-tax. It held that the petitioner, a co-operative society engaged in banking, was exempt from paying the additional surcharge demanded, as it fell under the exemption provided by section 81 of the Income-tax Act, 1961. The court concluded that the additional surcharge is part of the total income-tax and lacked jurisdiction to demand it from the petitioner. The petition was allowed with costs. en-us Fri, 21 May 1971 00:00:00 +0530 Mon, 06 Apr 2009 17:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8262 The court allowed the petition, quashing the orders of the Income-tax Officer, Assistant Commissioner, and Commissioner of Income-tax. It held that the petitioner, a co-operative society engaged in banking, was exempt from paying the additional surcharge demanded, as it fell under the exemption provided by section 81 of the Income-tax Act, 1961. The court concluded that the additional surcharge is part of the total income-tax and lacked jurisdiction to demand it from the petitioner. The petition was allowed with costs. Case-Laws Income Tax Fri, 21 May 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8262