IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: “SMC” NEW DELHI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER Assessment Year: 2017-18 Sh. Gopesh Mehta, Vs. Income tax Officer, C/o- Mr. Kanishk Rana, Ward-1, Adv., 112, Hans Bhawan, Narnaul Wing-2, IP Estate, New Delhi PAN: ACFPK1957M (Appellant) (Respondent)

Assessee by Sh. Kanish Rana, Adv.

Department by Sh. Manoj Kumar, Sr. DR Date of hearing 02.02.2026 Date of pronouncement 02.02.2026

ORDER

This assessee’s appeal for assessment year 2017-18, arises against the Commissioner of Income Tax (Appeals)/Addl./JCIT(A)- 4, Chennai’s order dated 10.09.2025 having DIN and order no. ITBA/APL/S/250/2025-26/1080505461(1), involving proceedings under section 143(3) of the Income-tax Act, 1961 (hereinafter referred to as ‘the Act’).

Heard both the parties. Case file perused.

2. It transpires during the course of hearing that the assessee/appellant is aggrieved against both the learned lower authorities’ respective assessment and lower appellate findings treating his cash deposits during demonetization amounting to Rs.10,23,000/- as unexplained for being the sole subject matter of adjudication.

3. I have given my thoughtful consideration to th