Dismissing the petition the Court held that, transfer for purposes of co-ordinated investigation and mode of investigation need not be disclosed. Court also held that notice to transfer implies that both the Commissioners are in agreement. Manner of agreement need not be recorded accordingly the transfer is held to be valid and Writ is held to be not maintainable.
MRL Posnet P. Ltd. v. PCIT (2019) 418 ITR 349/(2020) 268 Taxman 343/ 189 DTR 361/ 314 CTR 756 (Mad.)(HC)
S. 127 : Power to transfer cases–Transfer for purposes of co-ordinated investigation-Mode of investigation need not be disclosed-Notice to transfer implies that both the Commissioners are in agreement–Manner of agreement need not be recorded-Transfer is held to be valid–Writ is held to be not maintainable. [S. 127(2)(A), Art. 226]