https://www.taxtmi.com/caselaws?id=8253 Assessment proceedings based on returns filed before the commencement of the Income-tax Act, 1961, were treated as continuing under section 297(2)(a), so the earlier Act remained applicable to those pending matters. On that footing, the Commissioner's transfer power under section 5(7A) of the Income-tax Act, 1922, survived for such cases, and a transfer order was not invalid merely because it referred to section 127 of the 1961 Act. The challenge based on want of reasons and hearing under section 127 therefore did not succeed where the Commissioner otherwise had authority to transfer the proceedings. en-us Wed, 12 May 1971 00:00:00 +0530 Mon, 06 Apr 2009 15:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8253 Assessment proceedings based on returns filed before the commencement of the Income-tax Act, 1961, were treated as continuing under section 297(2)(a), so the earlier Act remained applicable to those pending matters. On that footing, the Commissioner's transfer power under section 5(7A) of the Income-tax Act, 1922, survived for such cases, and a transfer order was not invalid merely because it referred to section 127 of the 1961 Act. The challenge based on want of reasons and hearing under section 127 therefore did not succeed where the Commissioner otherwise had authority to transfer the proceedings. Case-Laws Income Tax Wed, 12 May 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8253