#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.

Non-participation in appellate proceeding due to judicial custody is genuine reason

ITAT Ahmedabad Upholds Bogus LTCG Disallowance

ITAT Mumbai Restores Unsecured Loan addition Case, Cites Denial of Justice

Addition based on statement set aside as opportunity to cross-examine deponent not granted

Only Profit on Unaccounted Sales Taxable; 12% NPR Upheld: ITAT Ahmedabad

Bogus LTCG addition quashed as sale transaction of shares cannot be doubted

Addition u/s. 68 set aside as source of credits disclosed: ITAT Mumbai

ITAT Delhi Overturns Cash Deposit Addition

Delhi HC Upholds Tax Addition under section 68 for Unexplained Cash

Cash Deposits from Gold Sales to Unverified Buyers Attract Section 68 Additions

Section 68 Amendment on Creditor’s Source Applies from AY 2023-24

No Condition in Section 68 on Loan Source from Current Year’s Taxable Income

Addition u/s. 68 quashed as cash deposits already included in turnover declared in return

Till March 2013 section 68 not require explanation of source of credit: ITAT Mumbai
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.
