https://www.taxtmi.com/caselaws?id=801090 Assessments founded solely on PAN-linked Form 26AS and risk-management data require disclosure of adverse material and independent verification when a taxpayer denies the reported transactions and alleges PAN misuse. Portal information, unsupported by inquiry from the alleged vendor or other cogent evidence, does not establish the taxpayer's connection with the transactions. Aggregating cash-payment and corresponding Form 26AS figures may duplicate alleged turnover. The Revenue bears the evidentiary burden to establish that connection. An appellate remedy may be ineffective where exceptional demands, required security or deposits, and accruing interest materially prevent access to relief. Fresh action must rest on cogent material and comply with applicable limitation requirements. en-us Tue, 06 Oct 2026 00:00:00 +0530 Thu, 15 Oct 2026 05:44:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801090 Assessments founded solely on PAN-linked Form 26AS and risk-management data require disclosure of adverse material and independent verification when a taxpayer denies the reported transactions and alleges PAN misuse. Portal information, unsupported by inquiry from the alleged vendor or other cogent evidence, does not establish the taxpayer's connection with the transactions. Aggregating cash-payment and corresponding Form 26AS figures may duplicate alleged turnover. The Revenue bears the evidentiary burden to establish that connection. An appellate remedy may be ineffective where exceptional demands, required security or deposits, and accruing interest materially prevent access to relief. Fresh action must rest on cogent material and comply with applicable limitation requirements. Case-Laws Income Tax Tue, 06 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801090