https://www.taxtmi.com/caselaws?id=386011 The Court ruled in favor of the petitioners in a case challenging the transfer of assessment under Section 127(2) of the Income Tax Act, 1961. The Court found that the transfer lacked reasons and violated principles of natural justice by not providing the petitioners with an opportunity to rebut comments submitted by DDIT. The impugned order was set aside, granting the Revenue the chance to rectify the illegality. The petitioners were given the opportunity to file further objections based on the DDIT report, and the respondent was directed to pass a fresh order after allowing the petitioners another hearing. en-us Mon, 09 Sep 2019 00:00:00 +0530 Mon, 22 Jun 2020 14:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386011 The Court ruled in favor of the petitioners in a case challenging the transfer of assessment under Section 127(2) of the Income Tax Act, 1961. The Court found that the transfer lacked reasons and violated principles of natural justice by not providing the petitioners with an opportunity to rebut comments submitted by DDIT. The impugned order was set aside, granting the Revenue the chance to rectify the illegality. The petitioners were given the opportunity to file further objections based on the DDIT report, and the respondent was directed to pass a fresh order after allowing the petitioners another hearing. Case-Laws Income Tax Mon, 09 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386011