#Section 68
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Income Tax
Income Tax
Loan from directors – Section 68 addition- Additional Evidence- ITAT restore matter to AO
Income Tax
Income Tax
Theory of telescoping in determining taxability of undisclosed income
Income Tax
Income Tax
Section 68 applicability when sales receipt shown in P&L Accounts
Income Tax
Income Tax
Peak Credit & telescoping theories in assessment proceedings under Income Tax
Income Tax
Income Tax
No section 68 addition can be made on the basis of mere statements
Income Tax
Income Tax
Section 68 had no application when shares were allotted under a barter system
Income Tax
Income Tax
Assessee not required to explain sources of money provided by creditor
Income Tax
Income Tax
Credit worthiness cannot be doubted merely for meager income | Section 68 | Bogus share capital
Income Tax
Income Tax
Mere statement without backing of credible evidences not justifies addition
Income Tax
Income Tax
Section 68 Addition justified for un-reconciled credit balance
Income Tax
Income Tax
FDI received as per FDI policy cannot be added to income for non-submission of bank statement
Income Tax
Income Tax
Sales bogus if investee is a penny stock company, with no credentials, and the sale rates artificially hiked, with no real buyers
Income Tax
Income Tax
Section 68 addition justified for unexplained LTCG from penny stock
Income Tax
Income Tax
No section 68 addition for loan transaction with father on mere suspicion
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.
