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2017 (1) TMI 1008 - HC - Income TaxTransfer of case - whether the order under Section 127(2) of the Act satisfies the requirements spelled out in the Statute? - Held that:- A transfer order would mean that the authority to which the assessee is faced, points have to be canvassed, would be somewhere else then this would also undoubtedly be important on its part. As against this, the Revenue’s interest would be to ensure that a holistic and cohesive view of all is taken with regard to a series or pattern of transactions or investments involving multifarious parties. In a case, like the present one, search and seizure proceedings have been taken place and notices have been issued under Section 153C of the Act, it would ordinarily be in the interest of justice of all i.e. the assessee and the Revenue alike, that if parties are scattered across the different Cities and States, a common view is taken by one Assessment Officer, that must be the intent and objective. In the process, the inconvenience to the assessee would be to a large measure would be obviated because the Assessment Officer – or for that matter, the assessee would not be put to inconvenience in referring back and forth the orders of each of the other properties that have been searched and the view taken. This would also avoid possible conflicting views that may spell chaos. In view of the foregoing reasons, the Court finds no merit in this petition. The writ petition alongwith pending application is accordingly dismissed.
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