THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD “SMC” BENCH, AHMEDABAD Before Ms. Suchitra Kamble, Judicial Member Assessment Year 2017-18 Sumatibhai M. Shah The ITO, HUF, 17 Golden Tulip Ward-5(2)(3), Bunglow, Behind Vs Ahmedabad Shreays Foundation, (Respondent)

Ahmedbad-380015 PAN: AAIHS6006A (Appellant)

Assessee by: Shri D.K. Parikh, A.R.

Revenue by: Shri Rameshwar P Meena, Sr. D.R.

Date of hearing : 04-02-2026 Date of pronouncement : 16-04-2026 आदेश/ORDER This is an appeal filed against the order dated 27-10-

2025 passed by CIT(A)/Addl/JCIT(A)-7, Kolkata for assessment year 2017-18.

2. The grounds of appeal are as under:-

“1. The learned Commissioner of Income Tax [Appeals] ADDL. JCIT (A)-7, KOLKATTA has grievously erred both in law and on facts in upholding action of Id AO in making addition of Rs. 11,00,000/- in respect of amount deposited in bank account by wrongly invoking section 69A of the Income tax Act. The appellant having properly explained sources of deposit in bank account, the addition made ought to be deleted. It be deleted now.

2. Without prejudice to the above ground, the Id Commissioner of Income Tax [Appeals] ADDL. JCIT(A)-7, KOLKATTA grievously erred both in law and on