#Section 68
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Activity of hostel/mess being part of main activity eligible for 15% standard exemption u/s. 11(1)(a)

Share application money received in prior years cannot be added in current assessment year

Old Withdrawals & IDS Declaration Not Valid Explanation for Cash Deposits: ITAT Raipur

ITAT Deletes ₹2.5 Cr Loan Addition After AO Failed to Rebut Lender’s Creditworthiness

Reassessment on Wound-Up Foreign FPI Held Void: ITAT Quashes ₹456 Cr Addition

ITAT Ahmedabad Restores Bogus LTCG Addition on Penny Stock ‘Safal Herbs’

Unexplained Cash Credit Addition Under Section 68 Partly Set Aside by ITAT

Voluntary Survey Disclosures Do Not Attract Section 115BBE: ITAT Jaipur

Penny Stock Addition Deleted: ITAT Voids Section 153A Assessment Without Incriminating Material

Rs.1.02 Cr Addition Deleted as Loan Was Genuine & Used for Business Repayment

Bogus LTCG on Penny Stock: ITAT Ahmedabad Upholds Addition

Documented Share Capital Transactions Valid Despite Non-Appearance of Subscribers – ITAT Deletes Rs.7.11 Cr Addition

ITAT Deletes Rs.31 Cr Addition: No Fresh Material to Disprove Genuine Investments

AO Cannot Bypass Section 148B for Pre-Search Assessment Year: ITAT Chandigarh
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.
