https://www.taxtmi.com/highlights?id=94372 HC allowed the writ petition in part, holding that the transfer order dated 23.08.2023 u/s 127, transferring reassessment proceedings of A.Y. 2022-23 from the Assessing Authority at Moradabad to the Centralized Assessing Authority, Delhi, was wholly non-speaking and therefore unsustainable. The HC reiterated that, notwithstanding amendments to s.127, recording of reasons remains a fundamental requirement. The impugned transfer order was set aside qua the reassessment proceedings for A.Y. 2022-23 only. The petitioner is permitted to file objections to the show cause notice dated 23.08.2023 within two weeks, whereafter Respondent No.1 shall pass a fresh, reasoned order within two further weeks. Subject to the petitioner's compliance within six weeks, the reassessment proceedings for A.Y. 2022-23 shall remain in abeyance pending the outcome of the renewed s.127 proceedings. en-us Fri, 21 Nov 2025 08:42:31 +0530 Fri, 21 Nov 2025 08:42:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=94372 HC allowed the writ petition in part, holding that the transfer order dated 23.08.2023 u/s 127, transferring reassessment proceedings of A.Y. 2022-23 from the Assessing Authority at Moradabad to the Centralized Assessing Authority, Delhi, was wholly non-speaking and therefore unsustainable. The HC reiterated that, notwithstanding amendments to s.127, recording of reasons remains a fundamental requirement. The impugned transfer order was set aside qua the reassessment proceedings for A.Y. 2022-23 only. The petitioner is permitted to file objections to the show cause notice dated 23.08.2023 within two weeks, whereafter Respondent No.1 shall pass a fresh, reasoned order within two further weeks. Subject to the petitioner's compliance within six weeks, the reassessment proceedings for A.Y. 2022-23 shall remain in abeyance pending the outcome of the renewed s.127 proceedings. Highlights Income Tax Fri, 21 Nov 2025 08:42:31 +0530 https://www.taxtmi.com/highlights?id=94372