INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCHES, MUMBAI BENCH: D BEFORE HON’BLE SANDEEP GOSAIN, JUDICIAL MEMBER AND HON’BLE BIJAYANANDA PRUSETH, ACCOUNTANT MEMBER निर्धारण वर्ा/Assmt. Year: 2019-2020)

Permanent Account Number: ABMPJ6014C RAKESH BALDEVRAJ JUNEJA INCOME TAX OFFICER WARD 41(3)(1)

295 / A WING, 29TH FLOOR, KALPATARU RADIANCE, 849, KAUTILYA BHAVAN, SIDDHARTH NAGAR, BEHIND BANDRA KURLA COMPLEX, Vs.

ADARSH VIDYALAYA SCHOOL, BANDRA EAST GOREGAON WEST, MUMBAI- MUMBAI-400051, 400104, MAHARASHTRA MAHARASHTRA (अपीलार्थी Appellant) (प्रत्यर्थी Respondent)

Shri Rashmikant Modi and Ms.

निर्धारिती द्वधिध/Assessee represented by:

Ketki Rajshirke िधजस्‍व द्वधिध/Revenue represented by: Shri Annavaram Kosuri, SR AR सुिवधई की तधिीख / Date of conclusion of hearing: 05-May-2026 घोषणध की तधिीख / Date of pronouncement: 18-May-2026 आदेश / ORDER PER SANDEEP GOSAIN, JUDICIAL MEMBER This appeal is filed by the Assessee against the order of Ld. National Faceless Appeal Centre, Delhi vide DIN: ITBA/NFAC/S/250/2025- 26/1083527832(1) dated 10-Dec-2025 for the Assessment Year 2019-

2020. The Assessee has raised the following grounds of appeal:

1. Addition of Rs. 81,00,000/- u/s 69A as Unexplained Investment: