#Section 68
Log in to FollowLatest Section 68 updates, provisions, case laws, compliance requirements, tax implications and expert analysis under Income-tax law on TaxGuru.

Addition towards demonetization cash deposit deleted as made out of cash sales

Addition u/s. 68 set aside as AO nowhere proved involvement in price rigging of scrips

ITAT Deletes Interest Disallowance After Revenue Accepts Loan Genuineness

Reassessment Upheld but Additions Fail: ITAT Deletes All Disallowances for Lack of Evidence

Entry Operator’s Commission Only Taxable, ₹19.18 Crore Protective Addition Deleted

Jewellery Trade Cash Deposits During Demonetization – ITAT Jaipur Deletes Addition

ITAT Delhi Gives Fresh Chance to Prove Loan Withdrawals as source of Cash Deposits

Books Can’t Be Rejected merely for Missing Return: ITAT Deletes ₹1.34 Cr Cash Addition

Unexplained Income Reduced from ₹10 Cr to ₹2.22 Cr, Commission to 1% in entry transaction case

ITAT Delhi Deletes 25% “Bogus Sales” Disallowance; Section 37 Not Applicable to Sales

Unexplained money u/s. 68 restored back as basic ingredients satisfactorily not explained

ITAT Deletes Protective Addition under Section 68; Tax Paid by Partners

ITAT Quashes 263 Order as PCIT Withheld Adverse Material & Ignored Evidence of Genuine Purchases

Addition Based on Retracted Third Party Statement Without Cross-Examination Invalid
Explore the latest Section 68 updates on TaxGuru, including relevant Income-tax Act provisions, rules, notifications, circulars, judicial decisions and compliance guidance. The coverage highlights important tax positions, procedural requirements, assessments, deductions, penalties and litigation developments to help taxpayers and professionals understand the practical implications of changes in income-tax law.
