#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
Addition of difference of sales declared in P&L and cash book without providing sufficient opportunity untenable
Income Tax
Income Tax
Reassessment u/s. 148 based on cryptic reasons and mechanical approval quashed: ITAT Delhi
Income Tax
Income Tax
No Section 68 Addition in Partnership Firm for Partners’ Capital Accounts: ITAT Ahmedabad
Income Tax
Income Tax
ITAT Remands Matter After CIT(A) Issues Ex-Parte Decision on Cash Credits
Income Tax
Income Tax
ITAT Mumbai direct AO to compute addition at 3% of Bogus Purchase
Income Tax
Income Tax
Nature and source of cash deposits in bank not substantiated hence addition confirmed: Chhattisgarh HC
Income Tax
Income Tax
Alleged amount less than limitation for reopening assessment hence proceedings quashed: ITAT Ahmedabad
Income Tax
Income Tax
Matter remanded as higher addition u/s. 68 confirmed by ACIT as compared to addition alleged in notice
Income Tax
Income Tax
Revision u/s 263 could be invoked if Order was erroneous and prejudicial to interest of Revenue
Income Tax
Income Tax
CIT(A) cannot dismiss appeal on account of non-prosecution: ITAT remands Matter
Income Tax
Income Tax
Mere change of opinion on the part of AO is not a valid ground for reassessment
Custom Duty
Custom Duty
Customs Act requires mandatory assigning of reasons or grounds while preparing seizure memo: Patna HC
Income Tax
Income Tax
Addition u/s. 68 matter send back for de novo proceedings due to unclear information: ITAT Bangalore
Income Tax
Income Tax
Invocation of provisions of section 263 by taking divergent view not justifiable: ITAT Ahmedabad
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.
