#Section 68
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CIT(A) Cannot Dismiss Appeal for Non-Prosecution Without Deciding on Merits: ITAT Raipur

ITAT Allows Penny Stock LTCG Claim for Failure to Disprove Documentary Evidence

Revenue Appeal Dismissed as Section 153D Approval Granted Mechanically Without Application of Mind

ITAT Pune: Reopening After 4 Years Invalid When Share Premium Details Already Disclosed – Rs. 30 Cr Addition u/s 68 Deleted

ITAT Chennai: 60% Tax U/s 115BBE Not Applicable for AY 2017-18 Transactions Prior to 01-04-2017

ITAT Pune: Entire Bank Deposits Cannot Be Taxed – Income to Be Estimated @2% on Deposits in Renukamata Society Account

ITAT Chennai Deletes ₹6.5 Cr Addition u/s 68 – Assessee Not Required to Explain Source of Source of Source

Reassessment Quashed – Mechanical Approval U/s 151 Based on Wrong Fact that Assessee Was a Non-Filer

Section 68 Addition Cannot Be Sustained When Loans Are Received and Repaid Through Banking Channels

Sec 68 Addition on Opening Loans Deleted; Interest & Salary Allowed – ITAT Bangalore

No Unexplained Income When Farmer Loan Repayments in SBN Fully Recorded in Books: ITAT Ahmedabad

ITAT Deletes Section 68 Addition Because Assessee Not Required to Prove Source of Source

ITAT Deletes Section 69A Addition as Cash Deposits Were From Accepted & Recorded Liquor Sales

Scrap Business Has No Fixed Pattern; Section 68 Addition Deleted Under 44AD: ITAT Agra
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.
