#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.
Income Tax
Income Tax
Addition u/s 68 of the Income Tax Act based on generalized external information unsustainable
Income Tax
Income Tax
Addition u/s 68 without cogent material is unsustainable
Income Tax
Income Tax
ITAT upheld Section 68 addition for purchase from creditors of unknown location & who are not paid
Income Tax
Income Tax
Unexplained credit sustained if nature of credit not proved
Income Tax
Income Tax
Addition based on investigation wing report in violation of principles of natural justice not valid
Income Tax
Income Tax
No section 68 addition for Loan Received and repaid vide cheque
Income Tax
Income Tax
ITAT upheld section 68 addition for unexplained cash Scrap Sale
Income Tax
Income Tax
Section 68 Additions Justified if Assessee fails to Prove Genuineness of Unsecured Loan
Income Tax
Income Tax
No section 68 addition for merely not producing cash creditors before AO
Income Tax
Income Tax
Accommodation entries- Bogus Billing- Shell Companies – HC upheld addition
Income Tax
Income Tax
ITAT taxed cash deposit in Undisclosed bank account at presumptive tax @ 8%
Income Tax
Income Tax
If source of income is provided than deeming section 115BBE provision not applicable
Income Tax
Income Tax
Addition u/s 68 unsustainable as credit worthiness and genuineness of loan established
Income Tax
Income Tax
Addition u/s 68 unsustainable as documents supporting genuineness of share capital submitted
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.
