#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.

CIT(A) Dismissed Appeal for Non-Prosecution; ITAT Restores After Assessee Explains Missed Notice

AO’s Suspicion Not Enough: ITAT Deletes Section 68 ‘Accommodation Entry’

ITAT Rules 148 Notice Void Due to Wrong Authority’s Approval in Reopening After 4 Years

Disallowance Based on Suspicion Rejected: ITAT Allows ₹1.95 Cr Interest Claim

ITAT justified in accepting addition ground of validity of reassessment in terms of rule 27 of ITAT Rules

No LTCG Claim, No Penny-Stock Benefit: ITAT Mumbai Deletes Addition & Allows Appeal

ITAT Mumbai: Corrigendum Cannot Cure Defective Section 148 Notice

ITAT Orders Fresh Verification of Cash Credit Addition Due to Loan Repayment

Proceedings Declared Void Due to Notice Served After Assessee’s Death

Share Premium Addition Quashed; DCF Valuation Cannot Be Replaced Without Specific Errors

Unexplained cash credits addition u/s. 68 sustained as identity and creditworthiness not proved

Cash Deposit Addition Deleted for Petroleum Dealer During Demonetization

Fruit Dealer Wins Juicy Relief: ITAT Squeezes Out Section 68 Addition

Revenue Cannot Question Assessee’s Cash Decisions; ₹38 Lakh Additions Deleted
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.
