#Section 68
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Cash Withdrawals in Gold Loan Business Not Taxable Under Section 69C: ITAT Mumbai

Reopening u/s. 148 quashed as based on mechanical approval u/s. 151

Reopening u/s. 148 based on wrong facts is not sustainable: ITAT Chandigarh

Burden of Proof on Revenue after Assessee Submits Evidence: ITAT Ahmedabad

Notice u/s. 133(6) remaining unserved cannot be reason for disallowance of professional fees

Under Pre-Amendment Law, No ‘Source of Source’ Proof Needed for Section 68

No addition as LTCG arose from valid demerger-allotted shares transaction proving genuineness of documentary evidence

Section 68 Addition of ₹11.66 Cr Unsustainable Without Evidence: ITAT Delhi

ITAT Mumbai Overturns Penny Stock Addition

ITAT Chandigarh Quashes Assessment for Non-Compliance with Section 153C Procedure

Unexplained Cash Deposit Case Restored to AO for Fresh Assessment by ITAT

Land purchase through partners’ capital contributions – ITAT Deletes Addition

Calcutta HC Upholds Ex Parte Service Tax Tax Order Due to Alternate Remedy

Bank Entries & ITRs Proved Genuineness of Share Capital: ITAT Deletes Addition
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.
