HC directs quick disposal of Appeal on PAN Fraudulent Linking with Bank Account

Balasubramani Ponnudurai Vs ITO (Madras High Court) The case of Balasubramani Ponnudurai vs. Income Tax Officer (ITO) recently came before the Madras High Court regarding a bank attachment notice issued due to alleged PAN fraud. This article delves into the details of the judgment and its implications. The petitioner challenged a bank attachment notice dated 18.01.2024, following an assessment order from 29.12.2019, asserting fraudulent linking of their PAN to an SBI account. Notably, the RBI acknowledged this linkage during the 2016-17 financial year. The petitioner sought intervention agains...