#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 Additions Based Only on DRI Allegations Sent Back for Fresh Review by ITAT

ITAT Slams ₹120 Crore Section 68 Addition on Fintech Giant: AO Cannot Ignore Evidence & Make Mechanical Additions

ITAT Delhi Deletes Section 69A Addition as Sales Were Recorded in Books

AO’s Own Penalty Order Sinks Reassessment: ITAT Holds First Section 147 Order ‘Infructuous’

Wrong Section Mention Is Curable, But Addition Needs Valid Legal Basis: ITAT Mumbai

ITAT Slams Ad-Hoc Profit Estimation & Deletes Family Loan Addition u/s 68

ITAT Deletes Section 40A(3) Disallowance as No Single Cash Payment Exceeded Rs. 10,000

Entire Bank Deposits Cannot Be Taxed as Income – ITAT Restricts Addition to 2% in Renukamata Society Cases

Journal Entries ≠ Undisclosed Income- ITAT Gives Fresh Life to ₹51 Lakh Additions

ITAT Remands Case as CIT(A) Admitted C-Forms Without Following Rule 46A(3)

Section 56 Addition Deleted as DCF Valuation Was Not Rejected: ITAT Delhi

ITAT Pulls Up AO for Ignoring Evidence, Sends ₹31.61 Lakh Addition Back for Verification

Opening Loan Balances Not Taxable Again u/s 68: Mumbai ITAT Sends Addition Back for Verification

ITAT Remands ₹38.04 Lakh Tax Addition as Legal Heir Was Not Given Effective Opportunity
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.
