https://www.taxtmi.com/caselaws?id=437613 The HC quashed the order transferring the assessment jurisdiction from Mumbai to Jaipur under Section 127 of the Income Tax Act, 1961, due to lack of adequate reasons and material evidence. The court found procedural lapses, including failure to provide the petitioner a reasonable opportunity to be heard. It directed the Principal Commissioner, Mumbai, to reassess the transfer with valid reasons and material within four weeks, allowing the petitioner to present their case. The impugned notice dated 21 November 2022 was set aside, and the writ petition was disposed of accordingly. en-us Thu, 20 Apr 2023 00:00:00 +0530 Mon, 05 Feb 2024 10:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437613 The HC quashed the order transferring the assessment jurisdiction from Mumbai to Jaipur under Section 127 of the Income Tax Act, 1961, due to lack of adequate reasons and material evidence. The court found procedural lapses, including failure to provide the petitioner a reasonable opportunity to be heard. It directed the Principal Commissioner, Mumbai, to reassess the transfer with valid reasons and material within four weeks, allowing the petitioner to present their case. The impugned notice dated 21 November 2022 was set aside, and the writ petition was disposed of accordingly. Case-Laws Income Tax Thu, 20 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437613