Read all Latest Updates on and about Section 68

Top

Begin typing your search above and press return to search.

Home
»
Section 68

Relief to Indian Oil Corporation: CESTAT Sets aside Order rejecting Customs Duty Refund Citing Limitation [Read Order]

Yogitha S. Yogesh

In a ruling in favour of Indian Oil Corporation, the Ahmedabad bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) set aside...

S. 145(3) of Income Tax Cannot Be Invoked Without Identifying Specific Defects in Books: ITAT [Read...

ITAT Orders Reassessment of Post-Demonetization Cash Deposits by Bar & Restaurant Business Owner...

ITAT Dismisses Revenue's Appeal Due to Low Tax Effect Under CBDT Circular [Read Order]

Applicability of S.68 to CSR Funds: ITAT Rules Addition Unjustified as Identity and Genuineness...

Income Tax Annual Digest 2024: ITAT Cases [Part 18]

This annual round-up analytically summarizes all the Income Tax related Orders of the Income Tax Appellate Tribunal (ITAT) Benches of India reported at Taxscan.in during 2024. ITAT denies...

Unexplained Income from Rigged Stock Trades: ITAT upholds Rs. 44L Addition [Read Order]

In a recent ruling, the Surat bench of the Income Tax Appellate Tribunal ( ITAT ) held that additions made under Section 68 of the Income Tax Act are accurate as the assessee failed to explain the...

ITAT Upholds CIT(A) Ruling on Unexplained Cash Credits Due to Acceptance of Genuineness in Remand Report [Read Order]

The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT)upheld the Commissioner of Income Tax Appeals[CIT(A)]'s ruling on unexplained cash credits, affirming the justified deletion of Rs....