ARYAVRAT COOP (U) T/C SOCIETY LIMITED,DELHI vs. ITO WARD 63(1), DELHI

ITA 5442/DEL/2026Status: DisposedITAT Delhi29 July 2026AY 2017-182 pages

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Income Tax Appellate Tribunal, DELHI BENCH ‘SMC’, NEW DELHI

Before: Sh. Satbeer Singh Godara

For Appellant: Shri Mani Bhadra Jain, Adv. (VC)
Hearing: 08.07.2026Pronounced: 08.07.2026

This assessee’s appeal for Assessment Year 2017-18, arises against the CIT(A)/NFAC, Delhi’s DIN & Order No. ITBA/NFAC/S/250/- 26/1086892517(1) dated 05.03.2026, in proceedings u/s 143(3) of the Income Tax Act, 1961 (in short “the Act”). Heard both the parties. Case file perused.

2.

It emerges during the course of hearing that the assessee presses

for its sole substantive ground on merits challenging both the learned

lower authorities’ action treating the cash deposit of Rs.27,97,500/-,

received from its Members as unexplained cash credit u/s. 68 of the Act, in the assessment order dated 16.12.2019 and upheld in the lower

appellate discussion.

3.

The assessee has filed its detailed paper book running into

The order continues below.

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