#Section 68
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Analysis of Undisclosed Incomes under Sections 68 to 69D of Income Tax Act, 1961

Section 148 Reassessment Notice to Non-Existent Firm Invalid: ITAT Jodhpur

Section 68: Explaining Source of Source Funds for Unsecured Loans Not Required Pre-01.04.2023

Calcutta HC Dismisses Revenue Appeal on Share Capital Addition under Section 68

Section 68 not apply to shares allotted for a liability if no actual cash is exchanged

Gujarat HC Quashes Faceless Order as Tax Unit Failed to Comply with Court’s direction

Calcutta HC upholds deletion of addition of ₹5.07 Cr relating to share capital & premium

Section 68 Inapplicable if Assessee not maintain Books: ITAT Mumbai:

ITAT Remands Case to CIT(A) for Fresh Adjudication Due to Lack of Proper Hearing

Unexplained Cash Deposits: Mumbai ITAT Upholds Addition for Assessee with Multiple PANs

No Section 68 Addition for Investments or Loans Not Credited in Relevant Year

Addition u/s. 68 towards cash deposit in bank not sustained as source explained: ITAT Jaipur

Share Allotment to Settle Liability Not amounts to Unexplained Cash Credit: Calcutta HC

Section 68 Unsecured Loan Additions deleted: Identity, Creditworthiness & Genuineness Proven
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.
