View All - 1961 Acts Section No : Acts & Ordinances SURCHARGE ON INCOME TAXMarginal Notes1. This Act may be cited as the Surcharge on Income Tax Act, No. 6 of 1961.2. Every person chargeable with income tax for the year of assessment commencing on April 1, 1960, liable to pay a surcharge equivalent to fifteen per centum of the income tax payable by him for that year.