#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.

Addition u/s. 68 based on report unearthed in case of third party unsustainable

Recent Judgements of Supreme Court on Income Tax Issues

ITAT Directs Re-adjudication on Client Code Modification

Change of Opinion not Grounds for Income Escaping Assessment: Bombay HC

Failure to Produce Loan Transaction & Share Pledge/purchase Documents: ITAT Directs Re-adjudication

ITAT Mumbai quashes Reassessment Due to Lack of Mind Application

Unrecorded Stock can’t be added U/S 69B if found connected with business of assessee

Addition based on third party statement without tangible material is unsustainable

Unexplained cash credit u/s 68: Addition sustained on failure to discharge onus cast on assessee

ITAT deletes unexplained cash credit addition of Rs. 3 crore, stemming from unsecured loans

Increase in exempt income due to typographical error: ITAT deletes addition

Section 68: Preference Share Sale Receipt reflected in Books Not Unexplained Credit

J&K HC explains Distinction Between Delivery Note & Challan under GST

HC upheld addition of Suspicious Loan under Section 68 instead of under Section 41(1)
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.
