Section 192, Income-tax Act, 2025 — Tax in case of block assessment of search cases

Chapter XIII · Determination of Tax in Special Cases

192Tax in case of block assessment of search cases.

Section 192 · Chapter XIII · A.—Determination of tax in certain special cases · page 233 of the Act

(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.

Other provisions that mention Section 192

Section 292

Section 192 of The Income-tax Act, 2025 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.