No Addition for cash deposit due to wrong particulars of PAN given by Bank

Parvez Peerpasha Inamdar Vs PCIT (ITAT Pune) It is seen that the only reason taken note of by the ld. PCIT for revising the assessment order is that the assessee had deposited Rs.92.25 lakh in his savings bank account which was not properly examined by the AO. The assessee categorically submitted before the AO that the cash did not pertain to him but to the Trust, of which he was a trustee and the bank had wrongly given PAN particulars of the assessee, which was further substantiated by the certificate from the concerned bank. Similar submission was also advanced before the ld. PCIT as well. T...