#Section 68
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Taxation of Share Premium

No section 68 Addition if Asessee proves Genuineness & Creditworthiness of Creditors

Loose papers cannot be classified as ‘incriminating material’ unless AO establishes nexus

Tax @ 82.50% even if you received amount via proper banking channels

Investment in Penny Stock- Bogus or Cash Credit U/s. 68?

Section 68 Addition not Justified for Unexplained Deposit in Bank Account

Income Tax on Shares Buy Back by Unlisted Companies

Gift not unexplained merely because donor holds Low Economic class Ration Card

Source of Source – Section 68- Income Tax Act 1961

ITAT deletes addition for Bogus LTCG for Violation of principles of natural justice by AO

No section 68 Addition Merely on Suspicion of Accommodation Entry

ITAT delhi deletes Addition of LTCG on Penny stock

Section 68, 69, 69A, 69B and 69C of Income Tax Act, 1961

Limited Scrutiny cannot be converted to Complete Scrutiny without following CBDT Circular
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.
