| Tournament details | |
|---|---|
| Country |  Mandatory Palestine |
| Defending champions | Hapoel Tel Aviv |
| Final positions | |
| Champions | Beitar Tel Aviv |
| Runner-up | Maccabi Tel Aviv |
The 1940 Palestine Cup (Hebrew: הגביע הארץ-ישראלי, HaGavia HaEretz-Israeli) was the eleventh season of Israeli Football Association's nationwide football cup competition.
The defending holders, Hapoel Tel Aviv, fell to city rival Maccabi Tel Aviv at the semi-final. Maccabi met the emerging team of Beitar Tel Aviv at the final and lost 1–3.