#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.

Bogus LTCG Addition Deleted Under Section 153C: Search Assessment Cannot Rest on Non-Incriminating Evidence

Parallel Tally Data Exposes True Income – ITAT Upholds 153A, Rejects Books & Sustains Major Additions

ITAT restricted hawala party purchases disallowance to 25% of bogus purchase

Share application money Addition Quashed Due to Absence of Incriminating Material

Section 148 Notice Void Ab Initio if Issued by Non-Faceless Officer: ITAT Hyderabad

ITAT Jaipur Quashes Time-Barred Reassessment for Lack of Proper Section 151 Sanction

Demonetisation Cash Deposits Accepted: ₹1.11 Crore Addition Deleted Due to Audited Books

ITAT Orders Fresh Adjudication due to non-receipt of notices & personal circumstances

Sale of Gold Bar through Bank Proved Genuine – ITAT Deletes Addition u/s 69A

Kerala HC Allows Open Remand in Section 2(22)(e) Deemed Dividend Case

ITAT Jabalpur Restricts Addition to 12% Presumptive Interest on Cash Deposits

Once Partners Paid Tax, Firm Can’t Be Taxed Again – Protective Addition Scrapped

Share Capital Proved, Mere Non-Appearance Not Enough – ITAT Upholds Deletion of ₹1.93 Cr u/s 68

ITAT Directs Fresh Assessment on Large Cash Deposits in Egg Trading Business
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.
