NEELAM KAUL,NAVI MUMBAI vs. ITO, KAUTILYA BHAVAN, MUMBAI

ITA 4530/MUM/2026Status: DisposedITAT Mumbai07 July 2026AY 2017-187 pages

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Income Tax Appellate Tribunal, ‘E’ BENCH

For Appellant: Shri Shubham Agrawal
For Respondent: Smt. Sujatha Iyyanger, SR. DR
Hearing: 01/07/2026Pronounced: 07/07/2026

PER AMIT SHUKLA (J.M): This appeal has been preferred by the assessee against the order dated 25.02.2026 passed by the learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, arising out of the assessment framed under section 147 read with section 144B of the Income Tax Act, 1961, for the Assessment Year 2017-18. The assessee is 2 Neelam Kaul aggrieved by the action of the authorities below in treating the cash deposits of Rs.5,00,000/- made during the demonetisation period as unexplained money under section 69A and taxing the same under section 115BBE of the Act.

2.

Briefly stated, the assessee is an individual engaged

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