Wednesday, 29 January 2014

Assessee's case transferred from Mumbai to Delhi as it had transactions with entity being assessed b

IT: Where Commissioner, Mumbai, in exercise of power under section 127(2), transferred assessee's case from jurisdiction of Deputy Commissioner, Mumbai to Deputy Commissioner, New Delhi, on ground that cases of one 'S' Group were centralised with Deputy Commissioner, New Delhi, with whom assessee had large scale financial transactions, there being a valid reason to transfer assessee's case, impugned order passed by Commissioner did not require any interference


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