E-mail
Home
Search
My Document
Admin Login
Quick Links
Home
Photo Gallery
About Us
Team P R A G
Contact Us
Clientle
Services
Ask a Query

113. Tax in the case of block assessment of search casesThe total undisclosed income of the block period, determined under section 158BC, shall be chargeable to tax at the rate of sixty per cent:

Provided that the tax chargeable under this section shall be increased by a surcharge, if any, levied by any Central Act and applicable in the assessment year relevant to the previous year in which the search is initiated under section 132 or the requisition is made under section 132A.