#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.

Buyback Not Taxable as Property Acquisition Due to Share Extinguishment: Delhi HC

ITAT Deletes Additions Due to Lack of Evidence Supporting Bogus Expense Claims

Section 68 Addition deleted due to Established Identity, Creditworthiness & Genuineness

Reopening Valid Where Income Escapement Based on Search-Derived Information

Section 68 Addition Deleted Due to Lack of Evidence of Bogus Transactions

ITAT Remands Case as Fresh Claim Cannot Be Rejected Solely Due to Delay

Cash Deposits During Demonetization Not Unexplained When Supported by Books: ITAT Delhi

Interest on deposits linked to business setup was capital receipt and not taxable as ‘Income From Other Sources’

Reassessment Time-Barred Despite TOLA & Ashish Agarwal: ITAT Upholds Quashing

Past Savings Accepted: Small Cash Introduction Cannot Be Treated as Unexplained

Reassessment for AY 2015-16 Time-Barred – ITAT Quashes Entire Penny Stock Addition

Section 68 Additions Fail: Documentary Evidence Cannot Be Ignored Without Enquiry

Commission Disallowance Remanded – 133(6) Non-Response Not Sufficient; Ad-hoc Expenses Cut to 10%

ITAT Bangalore Remands ₹49L Sec 68 Addition & ₹3.74L TDS Disallowance for Fresh Verification
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.
