#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.

Untraceable Suppliers: Only 5% Profit Taxable on Purchases

Section 68 Addition Quashed Where Purchases and Stock Were Not Disputed

ITAT Mumbai Rejects Section 68 Additions on Alleged Circular Loans

Demonetization Cash Deposits Accepted as Genuine Business Receipts

Dividend Income Cannot Be Treated as Unexplained Cash Credit: ITAT Delhi

No Addition Solely on Difference Between Service Tax Data & Books: ITAT Delhi

ITAT Mumbai Deleted Section 68 Addition for Proven Identity & Creditworthiness of Lenders

Circular Trading Not Bogus, 12.5% Purchase Addition Deleted

ITAT Ahmedabad Deletes Section 68 Addition on Alleged Accommodation Sales

Section 69C Commission Addition Falls After Section 68 Deletion

Section 68 Cannot Be Invoked in Partner’s Hands for Firm’s Loan Write-Back: ITAT Mumbai

No Fresh Section 143(2) Needed After Jurisdiction Transfer by Valid Original AO

Inspector’s Report Cannot Be Used Behind Assessee’s Back: ITAT Delhi

Section 68 Inapplicable to Identified Donations to Charitable Trust
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.
