Income Tax Law
Act 2025/ Part A/ § 192
Income-tax Act, 2025 · Part A — Determination of tax in certain special cases

Section 192Tax in case of block assessment of search cases

Income-tax Act, 2025 (30 of 2025)
(1)
Irrespective of anything contained in any other provisions of this Act, the total undisclosed income of the block period, determined under section 294 shall be chargeable to tax at the rate of 60%.
(2)
The tax chargeable under sub-section (1) shall be increased by a surcharge, if any, levied by any Central Act.
This section refers to
§ 294 Procedure for block assessment
Referenced by