#Section 68
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Jaipur ITAT Deletes ₹1.41-Crore Penalty on Search Surrender Under Section 271AAB

Low Returned Income Cannot Eclipse Audited Financial Capacity: Jaipur ITAT

Demonetisation Cash Cannot Face a Later 60% Rate: ITAT Restricts Section 115BBE Tax to 30%

Reopening Without Enquiry: Agra ITAT Upholds Deletion of ₹7.08 Crore Additions

ITAT Raipur Upholds Deletion of ₹1.15 Crore Section 68 Addition on Repaid Loans

Section 263 Cannot Be Invoked for Inadequate Inquiry or Roving Enquiry: ITAT Raipur

CSR Donations Eligible for Section 80G Deduction Despite Statutory Obligation: ITAT Hyderabad

General Allegations Against Lender Cannot Justify Section 68 Addition: Mumbai ITAT

Cash Deposits From Recorded Sales Cannot Be Added Without Rejecting Books: Chandigarh ITAT

ITAT Jodhpur Condones 118-Day Delay and Remands Section 68 Addition for Fresh Verification

Suspicion Cannot Replace Evidence: Chennai ITAT Deletes ₹9.66 Crore Additions

Unexplained Source of Partner Capital Taxable in Partner’s Hands, Not Firm: ITAT Raipur

Section 143(2) Notice Objection Rejected; ₹84 Lakh Section 68 Addition Sustained: ITAT Kolkata

ITAT Mumbai Rejects Section 68 Addition Based on Mere Suspicion & Investigation Report
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.
