Competition schedule
First elimination round
Most games of the round took place on 29 September 1946.
| Fastiv | 3:2 | Lokomotyv Kyiv | |
| Dynamo Lviv | 5:2 | Bilshovyk Zaporizhia | |
| DO Zhitomir | 1:3 | Spartak Chernivtsi | |
| Portovyk Odesa | 6:0 | Spartak Izmail | |
| Sudnobudivnyk Mykolaiv | 3:0 | Dynamo Kherson | |
| Stal Dniprodzerzhynsk | 6:0 | VVS Odessa | |
| Stakhanovets Kadiivka | 1:2 | Stal Makiivka | |
| Dynamo Sumy | 3:2 | Dzerzhynets Kharkiv | |
| Dynamo Voroshylovhrad | 2:1 | Stal Mariupol | |
| Silmash Kharkiv | 2:0 | Spartak Poltava | |
| Dynamo Rivne | +/- | Spartak Dnipropetrovsk | 5:5 (first replay on 29 September), 1:1 (second replay on 30 September, abandoned before the end) |
| Spartak Drohobych | +/- | Dynamo Mukachevo | 1:1 (no show on 3 October) |
Second elimination round
The main date for games was on 6 October 1946.
| Dynamo Kirovohrad | 2:4 | Spartak Kyiv | |
| Stal Voroshylovsk | 1:4 | Stal Makiivka | |
| Stal Dniprodzerzhynsk | +/- | Dynamo Sumy | (no show) |
| Portovyk Odesa | 0:1 | Sudnobudivnyk Mykolaiv | |
| Spartak Lviv | 0:1 | Spartak Drohobych | (played on 7 October) |
| Silmash Kharkiv | 1:0 | Fastiv | (played on 8 October) |
| Dynamo Kharkiv | 1:4 | Dynamo Kyiv | 2:2 (first game on 8 October), (second game on 9 October) |
| Lokomotyv Zaporizhia | 1:2 | Spartak Kyiv | (played on 9 October) |
| Vinnytsia | -/+ | Spartak Chernivtsi | (no show or forfeit, date is unknown) |
Third elimination round
The main date for games was on 13 October 1946.
| Dynamo Lviv | 7:1 | Dynamo Rivne | |
| Spartak Drohobych | 5:0 | Dynamo Lutsk | |
| Dynamo Voroshylovhrad | 4:1 | Avanhard Kramatorsk | (played on 17 October) |
| Sudnobudivnyk Mykolaiv | 5:3 | Spartak Chernivtsi | (played on 20 October) |
Fourth elimination round
The main date for games was on 20 October 1946.
| Lokomotyv Kharkiv | 4:0 | Dynamo Kyiv | |
| Sudnobudivnyk Mykolaiv | 2:1 | Traktor Kharkiv | |
| Stal Dniprodzerzhynsk | 1:2 | Spartak Uzhhorod | |
| Spartak Kherson | 2:1 | Spartak Drohobych | |
| Kharchovyk Odesa | 7:1 | Dynamo Voroshylovhrad | (played on 24 October) |
| Shakhtar Stalino | 4:0 | Sudnobudivnyk Mykolaiv | (played on 25 October) |
| Dynamo Kyiv | 2:0 | Dynamo Lviv | (played on 27 October) |
| Spartak Kyiv | +/- | Stal Dnipropetrovsk | (no show or forfeit, date is unknown) |
Quarterfinals
| Sudnobudivnyk Mykolaiv | 1:4 | Lokomotyv Kharkiv | (played on 27 October) |
| Dynamo Kyiv | 5:1 | Spartak Kyiv | (played on 30 October) |
| Spartak Uzhhorod | 2:1 | Kharchovyk Odesa | (played on 2 November) |
| Spartak Kherson | 1:2 | Shakhtar Stalino | (played on 3 November) |
Semifinals
All games were played in Kyiv.
| Lokomotyv Kharkiv | +/- | Spartak Uzhhorod | (no show, date 8 November) |
| Dynamo Kyiv | 2:1 | Shakhtar Stalino | 2:2 (first game played on 8 November), (second game played on 9 November) |
Final
| Dynamo Kyiv | 2–0 | Lokomotyv Kharkiv |
|---|---|---|
Vinkovatov  42', 45' |
