#Section 68
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Income Tax
Income Tax
Addition u/s. 68 set aside as no allegation of assessee’s involvement in price rigging/ increase
Income Tax
Income Tax
Addition u/s. 68 not sustained as cash deposited out of business receipts: ITAT Mumbai
Income Tax
Income Tax
Assessment of other incomes not forming part of reasons for reassessment untenable: Delhi HC
Income Tax
Income Tax
Addition u/s. 68 sustained as source of credit not properly explained: ITAT Surat
Income Tax
Income Tax
Addition u/s. 68 deleted in absence of any adverse incriminating material: ITAT Delhi
Income Tax
Income Tax
Addition towards penny stock deleted as onus duly discharged: ITAT Mumbai
Income Tax
Income Tax
Commercial expediency not to be examined by AO while examining explanation provided u/s. 68
Income Tax
Income Tax
Rate increase u/s. 115BBE from 30% to 60% effective only from 01.04.2017: Madras HC
Income Tax
Income Tax
Section 249(4)(b) mandates that appeal not to be admitted unless advance tax is paid: ITAT Ahmedabad
Income Tax
Income Tax
Addition set aside as active involvement in price manipulation of scrip not demonstrated
Income Tax
Income Tax
Alleged accommodation entries not entered by assessee hence revenue’s appeal dismissed
Income Tax
Income Tax
Additions towards penny stock based on concept of human probabilities not justified: ITAT Delhi
Income Tax
Income Tax
Addition u/s. 69 on protective basis not justified as genuineness of transaction established
Service Tax
Service Tax
Penalty u/s. 78 justified since tax determined during course of investigation: CESTAT Allahabad
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.
