#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.

Deemed Rental Income Ruling: ITAT Upholds Notional Rent on Multiple Houses, Even if Vacant or Under Repair

Section 115BBE Inapplicable: ITAT Rules Higher Tax Rate Not for FY 2016-17 Cash Deposits

Additions cannot be sustained solely on untested third-party WhatsApp data

Mere Suspicion Not Enough: ITAT quashed ₹9.37 crore addition for Cash Jewellery Sales

Once Business Profit is Estimated, No Further Tax Additions Allowed: ITAT Hyderabad

No Plot, No Profit, Still Taxed :When AO Shoots the Wrong Person: Middleman Dragged into 56(2)(ix) Tax Trap

Section 234B Interest on 115BBE Income for Senior Citizens

ITAT Deletes ₹5.73 Crore Section 68 Addition for Proved Loan Genuineness

Section 68 Addition Not Justified for Loan Before Business Commencement: ITAT Jaipur

Unabated Assessment Protection: ITAT Deletes ₹6.70 Cr Share Addition; Third-Party Statement is Not Incriminating Material

ITAT Ahmedabad Slams Suspicion: Addition Deleted After Assessee Proves Loan Source with Land Sale Deed and Confirmations

Section 69A matter remanded back as additional evidences needs verification of lower authority

Penalty towards breach of contract cannot be disallowed under Explanation to Section 37(1)

Notice u/s. 143(2) issued by non-jurisdictional officer is unwarranted: ITAT Delhi
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.
