Back to Articles
Tax & ComplianceTaxGuru

Section 68 Addition Deleted as Loans Were Repaid Within Same Year: Gujarat HC

16 Aug 2026 · 16 Aug 2026By CA Sandeep Kanoi

Gujarat High Court dismisses Revenues appeal and upholds deletion of ₹11.57 crore addition under Section 68, noting loans were repaid within the same financial year and verified through ledger accounts and bank statements. The post Section 68 Addition Deleted as Loans Were Repaid Within Same Year: Gujarat HC appeared first on TaxGuru .

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

Read on TaxGuru

More Articles