No Need for Incoem Tax Case Transfer When Assessment Already Completed: Bombay HC

Pegasus Assets Reconstruction Private Limited Vs PCIT (Bombay High Court) The Bombay High Court took up the matter finally with the consent of the counsels. The court was informed that the assessment for the relevant assessment year of the searched person, C & M Farming Group, Nashik, was completed on September 29, 2021. The petitioner’s counsel, Mr. Pardiwalla, argued that if the assessment was completed, there was no requirement to transfer the petitioner’s case to Nashik Commissionerate. Mr. Pardiwalla also stated that after the impugned transfer order was passed, the petiti...