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Peartree Enterprises P. Ltd. Vs. Income Tax Officer, Ward-19(4)

Case No: आअसं.7039/धिल्ली /2025(नि.व. 2017-18)
Court: Income Tax Appellate Tribunal, Delhi Bench "C", Delhi
Bench: Delhi Bench "C", Delhi
Date: 2/10/2026

Parties Involved

appellantPeartree Enterprises P. Ltd.
respondentIncome Tax Officer, Ward-19(4)

Facts Summary

The assessee's appeal is against the order of the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi, dated 03.09.2025, for AY 2017-18. The Assessing Officer observed cash deposits of Rs.44,17,500/- during demonetization and added this amount under Section 68 read with Section 115BBE of the Income Tax Act, 1961. The assessee appealed to the CIT(A), who confirmed the addition based on a remand report without providing a copy to the assessee or seeking a reply.

Decision in favour of

Assessee

Legal Issues

  • 1. Addition of cash deposits during demonetization

Precedents Relied Upon

Judgment Outcome

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Version 2.0.1Last updated: October 2025
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