1992 (2) TMI 25

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....6, 1990, from the office of the Commissioner of Income-tax, Meerut, requiring it to show cause as to why the jurisdiction of the petitioner's case be not transferred from the Income-tax Officer, Dehradun, to the Assistant Commissioner of Income-tax, Investigation Circle, Meerut. The petitioner sent a reply in response to the aforesaid show-cause notice and, by the impugned order dated April 25, 1991 (annexure 4 to the petition), the cases of the petitioner-firm have been transferred from the Income-tax Officer, Dehradun, to the Assistant Commissioner of Income-tax, Investigation Circle, Meerut. By means of the present writ petition, the petitioner has challenged the order dated April 25, 1991. The main point urged by learned counsel for ....

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.... gave details of the lockers of the family to the Income-tax Department was also manhandled. During the course of the search, huge quantities of promissory notes, some U.S. dollars, currency notes, gold biscuits, etc., were found and the seized material also showed huge cash credits and datewise transactions of cash and cheques which were not accounted for in the books. A rejoinder affidavit has also been filed denying the allegations in the counter-affidavit. We are not inclined to interfere with the impugned order of transfer. As held by this court in Peacock Chemicals (P) Ltd. v. CIT [1990] 182 ITR 98, proper and coordinated investigation is a good ground for transfer under section 127. Since the Bhatia family has several businesse....