https://www.taxtmi.com/caselaws?id=14298 The court held that Chapter XX-C of the Income-tax Act, 1961 could not be retrospectively applied to transactions completed under Chapter XX-A. Filing Form No. 37-I under Chapter XX-C did not confer jurisdiction if the transfer was already completed under Chapter XX-A. Once proceedings under Chapter XX-A were dropped, Chapter XX-C could not be invoked for the same transaction. The court emphasized that the agreement dated January 1, 1983 constituted a transfer under Chapter XX-A, and the subsequent filing of Form No. 37-I did not confer jurisdiction under Chapter XX-C. The order under Chapter XX-C was quashed, and the writ petition was allowed. en-us Wed, 15 Nov 2000 00:00:00 +0530 Wed, 15 Jul 2009 11:08:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14298 The court held that Chapter XX-C of the Income-tax Act, 1961 could not be retrospectively applied to transactions completed under Chapter XX-A. Filing Form No. 37-I under Chapter XX-C did not confer jurisdiction if the transfer was already completed under Chapter XX-A. Once proceedings under Chapter XX-A were dropped, Chapter XX-C could not be invoked for the same transaction. The court emphasized that the agreement dated January 1, 1983 constituted a transfer under Chapter XX-A, and the subsequent filing of Form No. 37-I did not confer jurisdiction under Chapter XX-C. The order under Chapter XX-C was quashed, and the writ petition was allowed. Case-Laws Income Tax Wed, 15 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14298