Surcharge Provision Deemed Non-Taxable: Considered Hypothetical, Not Actual Income of Assessee.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Addition made on account of non realization of ‘Provision for surcharge’- such amount of surcharge cannot be held to be taxable as it is not the real income of the assessee and is hypothetical by nature - AT....


TaxTMI