DEEPAK SETH,KOLKATA vs. I.T.O., WARD - 47(6), KOLKATA

ITA 1505/KOL/2026Status: HeardITAT Kolkata01 September 2026AY 2017-20184 pages

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Income Tax Appellate Tribunal, KOLKATA ‘A’ BENCH, KOLKATA

Before: SHRI RAJESH KUMAR & SHRI PRADIP KUMAR CHOUBEY

For Appellant: Shri Abhishek Bansal, FCA
For Respondent: Ms Kasturi Chakraborty, Sr. DR
Hearing: 23.07.2026Pronounced: 01.09.2026

PER RAJESH KUMAR, ACCOUNTANT MEMBER:

This appeal preferred by the assessee against the order of the learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi(hereinafter referred to as the “ld.CIT(A)”], dated 05.03.2026 for Assessment Year (AY) 2017-18. 2. The only issue raised by the assessee is against the order of ld. CIT(A) confirming the addition of Rs.94,83,000/- has made by the Assessing Officer (In short, ‘the AO’) in respect of cash deposit during the demonetization period as unexplained money u/s 69A of the Act.

3.

The facts of the case in brief are that the assessee filed his return on 22.12.2017, disclosing total income of Rs.4,93,9

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