Tax & ComplianceTaxGuru

Bangalore ITAT: Demonetised Notes for Members’ Loan Recovery Not Taxable U/s 68

11 Aug 2026 · 11 Aug 2026By CA Vijayakumar Shetty

Bangalore ITAT deleted Section 68 addition on SBN loan recoveries, holding the source was explained despite restrictions on accepting demonetised notes. The post Bangalore ITAT: Demonetised Notes for Members’ Loan Recovery Not Taxable U/s 68 appeared first on TaxGuru .

This article was aggregated from TaxGuru. Continue reading for the complete story.

Read on TaxGuru

General

Piyush Goyal Urges People To Promote Swadeshi Products At Bharatiya Mahotsav

Business Today

General

HAL to restart production of Sukhoi Su-30MKI fighter jets at Nashik facility: Report

Besides new production, HAL's Nashik facility is expected to play a key role in a major upgrade of the existing Su-30MKI fleet.

Business Today

General

undefined

Business Today

General

Gautam Adani Recalls Arriving In Mumbai At 16, Says The First Step Is Often Hardest

Business Today

Bangalore ITAT: Demonetised Notes for Members’ Loan Recovery Not Taxable U/s 68

More Articles

Piyush Goyal Urges People To Promote Swadeshi Products At Bharatiya Mahotsav

HAL to restart production of Sukhoi Su-30MKI fighter jets at Nashik facility: Report

undefined

Gautam Adani Recalls Arriving In Mumbai At 16, Says The First Step Is Often Hardest