Cash Deposits in Bank Account Linked to Wrong PAN: ITAT Remands Matter to AO for Verification [Read Order]

Taxscan summarizes an ITAT decision remanding a case where cash deposits were linked to an incorrect PAN. The tribunal instructed the assessing officer to verify identity mismatches and determine genuine ownership of the account. The article explains the importance of proper PAN linkage and evidentiary verification before making additions under the Income Tax Act, offering guidance for taxpayers and authorities on procedural fairness.