Deductor absolved from duty to quote correct PAN by P&H HC

In Instant case assesee quoted 196 wrong PANs and penalty was Rs. 1960000 was imposed by department. Assessee later revised TDS return. CIT(A) and ITAT observed that liability to quote correct PAN is that of deductee. Penalty was absolved and order of ITAT was confirmed by High Court

Decision of ITAT, Ahmedabad “D” Bench in the case of Financial Cooperative Bank Limited v. ITO,

followed in instant case.
ITA 124/7-8-12 in case of CIT vs. SP Office, Yamunanagar decided by P&H HC