https://www.taxtmi.com/caselaws?id=34660 The Supreme Court upheld the Tribunal's decision that no surcharge could be levied for searches conducted before June 1, 2002. The Court found that the Commissioner of Income-tax's action under section 263 was without jurisdiction due to the debatable nature of the surcharge issue at the relevant time. While the Court clarified the leviability of surcharge on undisclosed income, it emphasized that the Commissioner's attempt to reopen the surcharge issue through section 263 was unwarranted. The appeal was dismissed, highlighting the jurisdictional significance of the Commissioner's actions under section 263. en-us Thu, 24 Jul 2008 00:00:00 +0530 Tue, 06 Oct 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34660 The Supreme Court upheld the Tribunal's decision that no surcharge could be levied for searches conducted before June 1, 2002. The Court found that the Commissioner of Income-tax's action under section 263 was without jurisdiction due to the debatable nature of the surcharge issue at the relevant time. While the Court clarified the leviability of surcharge on undisclosed income, it emphasized that the Commissioner's attempt to reopen the surcharge issue through section 263 was unwarranted. The appeal was dismissed, highlighting the jurisdictional significance of the Commissioner's actions under section 263. Case-Laws Income Tax Thu, 24 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34660