Section 127 Order Mandatory for Transfer of Jurisdiction: ITAT Raipur

ITO Vs Bhagyaarna Gems & Jewellery Pvt. Ltd. (ITAT Raipur) ITAT Raipur held that transfer order is statutorily required to be passed by the prescribed authority u/s.127 of the Act, and an A.O cannot on his own transfer an income tax file to another officer. Accordingly, order passed without proper transfer order is liable to be quashed. Facts- The assessee company has filed an application under Rule 27 of the Income Tax Appellate Tribunal, Rules, 1963 raising the preliminary objection that assessment made u/s 143(3) dt. 31-3-15 by ITO-4(1), Raipur is invalid in absence of order u/s 127 by ...