#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.

ITAT Upholds LTCG Exemption as Revenue Failed to Prove Share Transactions Were Bogus

ITAT Kolkata Quashes Assessment as JAO Did Not Issue Section 143(2) Notice

Mere Client Code Modification Allegation Did Not Justify Taxing Entire Commodity Purchases

Mere WhatsApp Chats Cannot Justify Year-Wide Production Addition: ITAT Ahmedabad

Revenue Cannot Question Commercial Decision to Raise Funds Without Evidence: ITAT Delhi

ITAT Rejects Bogus LTCG Addition as No Independent Enquiry Was Conducted

ITAT Admits Additional Evidence as Delay Was Due to Accountant’s Son’s Medical Emergency

ITAT Quashes Reassessment as Section 151 Approval Was Granted by Wrong Authority

ITAT Deletes Section 68 Addition as Sale Proceeds Were Realisation of Earlier Investment

Accepted Sales Sufficient; Debtor Confirmations Not Mandatory: ITAT Deletes Demonetisation Additions

Gujarat HC Quashes Assessment as Section 68 Addition Was Made Without Reasons

ITAT Deletes Demonetisation Cash Deposit Addition as Books of Account Were Accepted

ITAT Quashes Section 153C Assessments as They Were Barred by Limitation

Penny Stock LTCG Allegation Rejected as Revenue Produced No Assessee-Specific Evidence
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.
