#Section 68
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Reassessment u/s 153A Requires Incriminating Material: Delhi HC

ITAT Upholds Income Tax Addition for Unexplained Cash Deposit in Bank Account

Demand unsustainable as revenue failed to lodge claim with Resolution Professional

Penalty cannot be imposed on EOUs for failure to achieve positive NFE

ITAT Confirms Section 68 Addition due to Unproven Creditor Creditworthiness

Section 68 addition can be made only in the Assessment year of receipt

Delhi ITAT Upholds Addition for Bogus Accommodation Entry & Unexplained Commission Expense

Addition u/s 68 unsustainable as documentary evidences furnished not proved to be defective

Non-Consideration of Investor Identity & Creditworthiness Evidences: Addition deleted

Section : ITAT deletes reasonable Excess Jewelry Addition for Wealthy Assessee

Unjustified Addition under Section 68: Creditworthiness Established

GTA Services Recipient Not Liable To Pay Service Tax if Paid by service provider

Delhi HC deletes addition for unsecured Loan which was duly substantiated

Initiation of reassessment proceedings u/s. 147 based on incorrect facts is invalid
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.
