#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.

ITAT Delhi Allows Appeal as NFAC Ignored Assessee’s Submissions

Section 68 Addition Unsustainable When Loan Interest Declared in ITR

Demonetisation Deposits Already in Turnover – Double Taxation Invalid

AO Cannot Go Beyond Limited Scrutiny Scope Without Mandatory Approval

ITAT Upholds Deletion of Section 68 ₹1.5 Cr Unexplained Cash Credit addition

Deletion of additions u/s 68 was justified as assessee proved creditworthiness of lenders

No Addition u/s 68 If Loans Repaid Within Same Year: Gujarat HC

Cash Deposits from Recorded Sales During Demonetization – Addition u/s 68 Deleted

Addition for Unsecured Loans Deleted as identity, creditworthiness & genuineness proved

Kolkata Tribunal Deletes Section 68 Addition for Genuine Banked Loans

Demonetisation Cash Deposits from Recorded Sales Cannot Be Treated as Unexplained

Addition of ₹21,72,300/- made by AO u/s 68 was justified in case of sham transaction of Penny stocks share sale

ITAT Amritsar Deletes ₹51 Lakh Section 68 Addition on Squared-Up Loans

ITAT Quashes Reassessment: Notice Dated in March but Served in April Held 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.
