Bombay HC Voids Income Tax Case Transfer Post-Assessment Completion

Rajib Mukhopadhyay Vs PCIT (Bombay High Court) The Bombay High Court has set aside the Principal Commissioner of Income Tax’s (PCIT) order to transfer the case of Rajib Mukhopadhyay, the former Chief Financial Officer (CFO) of Indofil Industries Limited, from Mumbai to Delhi under Section 127(2) of the Income Tax Act. The petitioner was subjected to centralisation following a search under Section 132 on Samir Modi and Shivani Modi, during which cash and jewellery were seized. The sole reason cited in the show cause notice for transferring the petitioner’s case was that he was the ...