#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.

Section 263 Invalid When PCIT Questions AO’s Pen/Order Without Proof: ITAT Lucknow

Undisclosed source of income addition not sustained since transaction duly recorded in books of accounts

ITAT Delhi Partly Allows Jeweller’s Appeal: ₹50 Lakh Bogus Sale Addition Upheld

Shell Companies Can’t Lend Crores: ITAT Confirms ₹14.69 Cr Cash Credit Addition

Journal Entries Not Cash Credits, ₹10.51 Cr Addition Deleted by ITAT Delhi

Sundry Creditors Cannot Be Taxed Once Purchases Accepted: ITAT Delhi Deletes Addition

Fully Explained Gift From Daughter Not Taxable as Unexplained Cash Credit

No Section 68 Addition as Penny Stock Transactions Did Not Yield LTCG

Half of Purchases Cannot Be Treated as Bogus Without Verification: ITAT Delhi

LTCG from Penny Stock Found Genuine – Suspicion No Substitute for Proof: ITAT Delhi

Diary Entries of Earlier Year Cannot Justify 153C Notice – ITAT Mumbai Quashes Assessment

Scrap Trader’s ₹6.77 Cr Addition Quashed – ITAT Agra Faults AO for Ignoring Evidence

Demonetization cash deposit not added u/s. 68 as source duly explained

ITAT Orders Fresh Hearing on Unexplained Cash Deposits of ₹1.49 Cr & Peak Credit Method
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.
