Archive · 9 Oct 2026
Bank Reporting Error Links Church Deposits to Employee’s PAN
Sahil got a tax notice saying a large amount of cash had been deposited under his tax ID.
He said the money was not his.
It belonged to a church charity where he volunteered.
The bank had accidentally reported the charity’s deposits using Sahil’s tax ID.
Sahil sent the tax department documents showing who owned the account.
He also updated his return to include money from an old employer and shares from his current employer.
He completed the changes and submitted the return before the deadline.
The article advises people to check their tax information for mistakes.
An IT professional named Sahil received an income-tax alert over ₹47,85,734 in cash deposits reported under his PAN.
The deposits belonged to a charitable trust, The Society of St. Pauls Church, whose bank account was mistakenly linked to Sahil’s PAN.
Sahil submitted the trust’s registration documents through the Annual Information Statement feedback process to dispute the entry.
While revising his return, he also reported a ₹5,69,922 retirement payout from Infosys and claimed credit for ₹1,02,358 in tax deducted at source.
He disclosed vested foreign Restricted Stock Units from Icertis and uploaded his revised return before the December 31 deadline.
- Who
- Sahil, an IT professional and volunteer on the management committee of The Society of St. Pauls Church.
- What
- He corrected a tax information mismatch involving the charity’s cash deposits and updated other disclosures in his revised return.
- When
- On December 31, before the revised-return deadline; his acknowledgement was generated at 9:10 PM.
- Where
- Through the Income Tax Department’s online portal in India.
- Why
- A bank mistakenly reported the church trust’s cash transactions against Sahil’s PAN.
Taxpayer’s position
Reported tax information
Ownership of the cash deposits
Taxpayer’s position
Sahil said he had not made or withdrawn cash transactions of that size in his personal bank accounts; the deposits belonged to the church trust.
Reported tax information
The bank’s reporting linked ₹47,85,734 in the trust account’s cash transactions to Sahil’s PAN, prompting a tax alert.
- Cash deposits flagged
- ₹47,85,734
- Retirement payout
- ₹5,69,922 from former employer Infosys
- Tax deducted on payout
- ₹1,02,358
- Foreign equity
- Vested Restricted Stock Units from Icertis, requiring disclosure under Schedule FA and Schedule AL
- Correction method
- AIS feedback option “Information pertains to another PAN,” supported by the trust’s registration documents
- Submission time
- ITR-V acknowledgement generated at 9:10 PM on December 31