https://www.taxtmi.com/caselaws?id=433344 The Court found the transfer of jurisdiction under Section 127 of the Income Tax Act, 1961 invalid due to the failure to provide the assessee with an opportunity of being heard before the transfer. The lack of reasons for dispensing with the hearing led to the remand of the matter for a fresh decision by the assessing authority. Reassessment proceedings in Kanpur were ordered to be kept in abeyance pending the new decision by the Principal Commissioner of Income Tax in Kolkata. The Court did not award costs but directed the urgent furnishing of a certified copy of the order to the parties. en-us Fri, 20 Jan 2023 00:00:00 +0530 Thu, 26 Jan 2023 20:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433344 The Court found the transfer of jurisdiction under Section 127 of the Income Tax Act, 1961 invalid due to the failure to provide the assessee with an opportunity of being heard before the transfer. The lack of reasons for dispensing with the hearing led to the remand of the matter for a fresh decision by the assessing authority. Reassessment proceedings in Kanpur were ordered to be kept in abeyance pending the new decision by the Principal Commissioner of Income Tax in Kolkata. The Court did not award costs but directed the urgent furnishing of a certified copy of the order to the parties. Case-Laws Income Tax Fri, 20 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433344