‘Co-ordinated Investigation’ to Avoid Tax Evasion is Good Ground For Transfer Case from ITO to DCIT: Delhi HC upholds Order u/s 127 of Income Tax Act [Read Order]
The Bench clarified that a Section 127 order must reflect thoughtful consideration of the Assessee's objections, ensuring that the recorded reasons are neither capricious nor mala fide, and align with the bona fide objectives of the Act despite being a machinery provision.
The Delhi High Court has held that ‘Co-Ordinated Investigation’ to avoid tax evasion is good ground for transferring the case from the Income Tax Officer ( ITO ) to the Deputy Commissioner of Income-tax ( DCIT ) and refused to interfere with the order of passed under section 127 of the Income Tax Act, 1961….
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
