IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH “G’’ : NEW DELHI)

BEFORE SHRI MAHAVIR SINGH, VICE PRESIDENT AND SHRI KRINWANT SAHAY, ACCOUNTANT MEMBER ITA No. 3832/Del/2025 Asstt. Year : 2020-21 SANCHAY JAIN, vs. DCIT, CC-30, NEW B-50, LGF, SOUTH EXTENSION-II, NEW DELHI NEW DELHI – 110 049 (PAN: ATKPJ3432E)

(Appellant) (Respondent)

Appellant by : Sh. Shantanu Jain, Adv. & Sh. Gurpreet Singh, CA Respondent by : Shir Mahesh Kumar, CIT(DR)

Date of Hearing 13.11.2025 Date of Pronouncement 12.02.2026

ORDER

PER MAHAVIR SINGH, VP:

This appeal filed by the Assessee arising out of the order of the Ld.

Commissioner of Income Tax (Apppeal-30), New Delhi [in short “CIT(A)”] dated 21.5.2025. Assessment was framed by the DCIT, CC-30, New Delhi u/s. 143(3) of the Income Tax Act, 1961 (hereinafter referred as “Act”) dated 28.9.2021 relevant to assessment year 2020-21.

2. The only issue involved in this appeal is as regards the CIT(A) erred in sustaining the addition of Rs. 11,57,000/- (out of Rs. 32,00,000/-) made by the AO u/s. 69A r.w.s. 115BBE of the Act as unexplained income on account of cash seized during a search u/s. 132A of the Act on the assessee and that too by recording incorrect fact and al