ITAT Remands Double PAN Assessment for Proper Bank Deposit Reconciliation

Sandhya Das Vs ITO (ITAT Kolkata) Assessment Set Aside in Double PAN Case – Matter Remanded for Proper Reconciliation of Bank Deposits The Kolkata ITAT condoned a delay of 60 days in filing the appeal and restored the assessment to the file of the Assessing Officer after finding that the dispute arose due to inadvertent allotment of two PANs to the same assessee. The Tribunal noted that the assessee’s original PAN card had been misplaced and, instead of applying for a duplicate, the consultant wrongly applied for a fresh PAN, resulting in two PAN numbers and two bank accounts linked to dif...