#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.

ITAT Quashes ₹8.35 Cr Loan Addition u/s 68 Due to Denial of Cross-Examination

No Addition in Unabated Search Year Without Seized Evidence: ITAT Kolkata

Mere “Approved” Not Enough: ITAT Voids Reopening for Mechanical Sanction

Section 153A Invalid Where No Incriminating Material Found in Search: ITAT Delhi

Belated Return Under Section 148 Still Requires 143(2) Notice: ITAT Delhi

Cash Advances Not Taxable Before Project Completion Under PCM

Share Capital from Promoters Cannot Be Added as unexplained Without Evidence: ITAT Kolkata

Accommodation Entry Case: Reassessment Beyond 3 Years Invalid Without Proper Sanction

ITAT Kolkata Quashes Reopening for Unsigned Section 148 Notice, No Disclosure Failure

Entire Bogus Purchase Addition Set Aside, 10% Estimated

Repayment of Loans with TDS Negates Accommodation Entry Allegation: ITAT Delhi

Analysis of Section 68, 129 & 130 with respect to goods in transit under GST

Reopening Invalid If Original Issue Not Added in Assessment: ITAT Delhi

Bad debts u/s. 36(1)(vii) are to be allowed once offered as income in any year
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.
