#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.

Reassessment Quashed as Reasons Recorded Contained Wrong Return Date & Income Figures

ITAT Restores Appeal as Taxpayer Could Not Respond to SCN Due to Illness

Section 68 Addition Deleted as Revenue Failed to Prove Round-Tripping by Assessee

Loan Addition Sent Back to AO as Repayment Documents Required Verification

ITAT Deletes Section 68 Addition as AO Relied Only on Past Accommodation Entry Allegations Without Direct Evidence

Cash Receipt of Sale Consideration Not Enough to Treat High Sea Sales as Bogus: ITAT Delhi

ITAT Deletes Section 68 Loan Addition; Mere Link to Entry Operator Insufficient

Assessment on Deceased Assessee Not Void Where Notice Was Issued During Lifetime – ITAT Pune Orders Fresh Assessment in Legal Heir’s Name

ITAT Orders Fresh Review as On-Money Addition Was Based on Loose Sheet

Reassessment Notice Upheld as Information on Shell Companies Constituted Tangible Material

CBDT Directs Uniform Application of Sections 68 to 69D as C&AG Flags Tax Assessment Errors

No Section 68 Addition on Income Already Offered u/s 44AD: Delhi ITAT

Once Sales Are Accepted, Entire Cash Deposits Cannot Be Taxed Again: Delhi ITAT

Delhi ITAT Quashes Reassessment Over AO’s Non-Application of Mind
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.
