2024 (7) TMI 1091 - SCH - Income Tax

Transfer / Centralization order u/s 127 - cases of the assessees are centralized to the board of Deputy Commissioner of Income Tax DCIT , Central Circle, Karnal, Haryana - link between the assessee and the searched party - As decided by HC 2024 (5) TMI 456 - DELHI HIGH COURT Revenue before passing the impugned order has provided the opportunity of hearing to the assessee Mark Gulati and considered the assessee s Mark Gulati objections, thus, the order would reflect that the Revenue had duly applied its mind and powers under Section 127 was invoked on the grounds of administrative convenience and meaningful assessment. Powers of Section 127 of the Act can be invoked for public interest and administrative convenience. Furthermore, the ground of coordinated investigation is a good ground of transfer as upheld by various decisions quoted above. Thus we are hereby not inclined to interfere with the orders passed under Section 127 of the Act. HELD THAT - We do not find any good ground and reason to interfere with the impugned judgment(s) and, hence, the present special leave petitions are dismissed. Pending application(s), if any, shall stand disposed of.

Summary

Issues Involved: Dismissal of special leave petitions challenging the impugned judgment.

Analysis:
The Supreme Court, comprising Hon'ble Mr. Justice Sanjiv Khanna and Hon'ble Mr. Justice Sanjay Kumar, considered the arguments presented by the petitioner's counsel, including Mr. Anand Chaudhari, Mr. Kumail Abbas, Mr. Shantanu Dubey, and Mr. Bhuwan Raj. After due deliberation, the Court concluded that there were no substantial grounds or reasons to intervene with the impugned judgment(s). Consequently, the special leave petitions filed by the petitioner were dismissed. Any pending applications were also deemed disposed of as part of this decision. The judgment succinctly states the Court's decision not to interfere with the impugned judgment(s), thereby upholding the lower court's decision in the matter.