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Income Tax | Section 68 Addition Invalid When Sale Receipt Already Declared and Taxed: ITAT Delhi

29 Sept 2026 · 29 Sept 2026By CA Sandeep KanoiSource: TaxGuru

ITAT Delhi deletes Section 68 addition as sale consideration was already recorded in P&L account and resultant profit offered to tax. The post Section 68 Addition Invalid When Sale Receipt Already Declared and Taxed: ITAT Delhi appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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