#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 based on GP Rate: ITAT reduces addition from 2.26 Crore to 2 Lakh

Section 115BE Addition: Madras HC Sets Aside Non-Speaking NFAC Order

ITAT Kolkata deletes addition of Rs. 3 Crore of share capital & share premium

Granting Condonation for Appeal Delay: Consider Senior Citizens Unfamiliar with Digital Systems & Faceless Scheme

Sundry Creditors arising out of Hawala-Linked Bogus Purchases: Income Tax Treatment

Section 68: Cash Receipts from Jewelry Sales Not Unexplained Cash Credits

Madras HC Grants Interim Stay in Cognizant’s Tax Case Appeal against ITAT Order

Possibility of abuse cannot render Section 115BBE unconstitutional: Delhi HC

No addition u/s 69 for advances received against booking of flats by treating it as unexplained expenditure

Addition u/s. 68 purely based on assumption is unsustainable in law

Accommodation entry of huge amount needs further enquiry hence matter remanded

Sole Proprietorship & Company Merger/Amalgamation is Prohibited

Order passed without granting video conference hearing is against principles of natural justice

No stay was granted for Income Tax demand during pendency of appeal before CIT
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.
