Income Tax Department Transfers Assessment Files Under Section 127, Enabling Comprehensive Group Investigation Across Multiple Premises

HC upheld the transfer of income tax assessment files under Section 127, finding no mala fides in centralizing investigations for a group of companies. The transfer was deemed necessary to coordinate investigation of incriminating documents seized from multiple premises. The court affirmed the broad discretionary power under Section 127, rejecting appellants' challenges and confirming the single judge's order. All writ appeals were dismissed, validating the administrative transfer for effective and coordinated tax investigation across different business entities. .....

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