https://www.taxtmi.com/caselaws?id=258991 The High Court allowed the appeal, setting aside the Single Judge's order and restoring the transfer of assessment jurisdiction from Bengaluru to Hyderabad. The court emphasized the need for centralized assessment to accurately ascertain the nature of transactions and funding sources. The Managing Director's statements linking him to transactions in Hyderabad justified the transfer. The parties were directed to bear their own costs. en-us Mon, 12 Jan 2015 00:00:00 +0530 Fri, 14 Aug 2015 15:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258991 The High Court allowed the appeal, setting aside the Single Judge's order and restoring the transfer of assessment jurisdiction from Bengaluru to Hyderabad. The court emphasized the need for centralized assessment to accurately ascertain the nature of transactions and funding sources. The Managing Director's statements linking him to transactions in Hyderabad justified the transfer. The parties were directed to bear their own costs. Case-Laws Income Tax Mon, 12 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258991