2005 (6) TMI 542

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....ed standing counsel for the appellant - revenue. 2. The limited issue in dispute is whether the assessee is liable to pay surcharge on the amount of tax under Section 113 of the Income Tax Act, 1961 (the Act). As can be seen from Section 113 of the Act, the same was brought on the statute book to provide for charging to tax the total undisclosed income of the block period at the rate of 60% wit....