High Court of Bombay at Goa Quashes Income Tax Transfer Order for Want of Reasons; Directs Fresh Order Complying with Mandatory Requirement of Section 127(1) of Income Tax Act, 1961. Co-ordinated Investigation Ground Must Be Supported by Specific Reasons Showing Why Transfer is Necessary.
19 Feb 2013Background: The petitioner, M/s Global Energy Pvt. Ltd. through its Chief Financial Officer, filed a writ petition before the High Court of Bombay at ...
