#Section 68
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Income Tax
Income Tax
Addition u/s. 69A sustained as source of cash deposit not substantiated: ITAT Ahmedabad
Income Tax
Income Tax
Incorrect calculation of income rectifiable u/s. 154 and not by invoking jurisdiction u/s. 263: ITAT Ahmedabad
Income Tax
Income Tax
Assessee Must Prove Genuineness to Contest Section 68 Addition for Unexplained Cash Deposits During Demonetization
Income Tax
Income Tax
Addition not sustained as reason for collection of demonetized notes after 8.11.2016 explained: ITAT Pune
Income Tax
Income Tax
No addition u/s 68 as taxpayer did not maintain books of accounts
Income Tax
Income Tax
133-day non-deliberate delay condoned as substantial justice prioritized over technicality: ITAT Bangalore
Income Tax
Income Tax
Linking RBI notification violation to Section 68 unjustified as nature & source explained: ITAT Ahmedabad
Income Tax
Income Tax
Assessee directed to file depositors’ KYC for cash deposits during demonetisation
Income Tax
Income Tax
Revisionary Proceedings U/S 263 Justified as AO not verified Unsecured Loan: ITAT Mumbai
Income Tax
Income Tax
Addition Based Solely on Assessee’s Admission Without Evidence Not Sustainable: Rajasthan HC
Income Tax
Income Tax
Assessee Must Prove Identity, Creditworthiness of Loan Creditor & Genuineness of Transaction U/s. Section 68: ITAT Delhi
Income Tax
Income Tax
Addition u/s. 68 sustained as repayment of loan or interest payment not demonstrated: ITAT Ahmedabad
Income Tax
Income Tax
Accommodation entries in nature of bogus unsecured loans added as unexplained u/s. 68: ITAT Mumbai
Income Tax
Income Tax
Matter remaded as lower authorities failed to apply CBDT Instructions regarding cash deposits during demonetization
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.
