Sh. Gopesh Mehta v. Income tax Officer, Ward-1, Narnaul
Case No: ITA No.7904/Del/2025
Court: Income Tax Appellate Tribunal, Delhi Bench
Bench: Delhi Bench
Date: 2/2/2026
Parties Involved
appellantSh. Gopesh Mehta
respondentIncome tax Officer, Ward-1, Narnaul
Facts Summary
The assessee/appellant is aggrieved against the lower authorities' findings treating his cash deposits during demonetization amounting to Rs.10,23,000/- as unexplained. The assessee argued that the deposits were redeposits of cash withdrawals, but failed to satisfactorily prove his explanation to the lower authorities.…
Decision in favour of
Assessee
Legal Issues
- 1. Cash deposits during demonetization amounting to Rs.10,23,000/- treated as unexplained income.
- 2. Assessment under section 115BBE of the Income-tax Act, 1961.
Judgment Outcome
Decided in favour of Assessee.
Precedents Relied Upon
2 precedents cited in this judgement.
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