#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.
Income Tax
Income Tax
CBDT Circular Cannot Override Statutory Provisions by Prescribing Limitation Period Absent in Income Tax Act
Income Tax
Income Tax
Calculation of sales on hypothetical basis without considering submitted evidences not justified
Income Tax
Income Tax
Applicability of Sections 41(1) & 68 on Lease and Booking Advances as Ceased Liabilities – ITAT Ruling
Income Tax
Income Tax
Initiation of revision proceedings u/s. 263 based on audit objection not tenable in law: ITAT Jaipur
Income Tax
Income Tax
Section 68 addition Not Applicable to Shares Issued for Goodwill: Delhi HC
Income Tax
Income Tax
Compensation for Breach of Contract in Real Estate Business Allowable as Business Expense: ITAT Mumbai
Income Tax
Income Tax
Resorting to estimation of profit without rejection of books not justified: ITAT Hyderabad
Income Tax
Income Tax
Reassessment Invalid without Fresh Notice when No Addition made on Reopened Issue: ITAT Pune
Income Tax
Income Tax
ITAT Invalidates Reopening Based on Unverified Investigation Wing Info on Bogus Commodity Profits
Income Tax
Income Tax
Excessive disallowance u/s 14A was restricted as AO failed to record dissatisfaction
Income Tax
Income Tax
Mere presumption cannot be Grounds for Section 68 Addition: ITAT Ahmedabad
Income Tax
Income Tax
ITAT Deletes Addition: Income Declared, No Money Laundering Evidence
Income Tax
Income Tax
Past Savings Justify Cash Deposits During Demonetization: ITAT Lucknow
Income Tax
Income Tax
Delayed Cash Deposits During Demonetization due to unforeseen circumstances Justified: ITAT Bangalore
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.
