AdvertisementBharat Bhushan Vs ITO (ITAT Delhi) Delhi ITAT Remands Reassessment Where Assessee Claimed PAN and Identity Were Fraudulently Misused to Operate Bank Accounts The Delhi ITAT set aside the reassessment and remanded the matter to the Assessing Officer after the assessee claimed that his PAN and identity had been fraudulently misused to operate multiple bank accounts. Observing that both the assessment and first appellate orders were passed ex parte without proper examination of the facts, the Tribunal directed a fresh assessment after verifying the assessee’s claim. The assessee sought cond...