#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.

AO cannot change his view in the garb of rectification of mistake under section 154

LTCG from Penny Stock: ITAT upholds addition as Income from other Source

No Section 68 addition for share capital & premium if identity & creditworthiness of subscriber proved

ITAT Upholds Section 68 Addition for unexplained share capital & premium

No addition for cash deposit & Balance when Accounted in books & duly explained

ITAT Upholds Share Premium Addition: Assessee Fails to Explain Transactions

Identity, Creditworthiness & Transaction Genuineness Proven: Section 68 Addition deleted

ITAT upholds addition for allegedly Gift from father-in-law

After TPO’s Order, AO Obligated to Follow Section 92CA(4) for Assessment

ITAT Delhi Upholds Bonafide of Cash Sales During Demonetisation

AO Cannot Reject claim of Cash Deposit Against Withdrawals Based on Assumption: ITAT Kolkata

No Section 68 Addition for Explained Cash Deposits in Lender Bank Account

Procedural Violation, Not Suppression, for Invoking Extended Limitation: CESTAT

Violation of Section 269SS: Section 271D penalty Applies, Not Section 68 addition
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.
