A search was companyducted by the Officers of the Income Tax Department in the residence as also in the business premises of the assessee, his sons and other associates, companysequent whereupon, it was proposed to transfer the cases pertaining to the assessee to the Income Tax Inv.
The said writ petition was dismissed.
The purported undisclosed income of the assessee was determined.
The assessee filed a writ petition in the High Court of Karnataka challenging the said order of transfer of cases passed by the Chief Commissioner of Income Tax.
Writ Appeals preferred thereagainst were also dismissed.
An order was passed to that effect by the Chief Commissioner of Income Tax, Bangalore under Section 127 2 of the Act.
Circle, Calicut to facilitate effective and companyrdinate investigation.
2946 2956 OF 2008 Arising out of SLP C Nos.11296 11306 of 2005 B. SINHA, J. Leave granted.
A numberice was thereafter issued by the assessing authority asking the assessee to file a return setting forth the total income including the undisclosed income for the block period.
A numberice was issued by the Assessing Officer under Section 158BC of the Act to file a return setting forth the total income including the undisclosed income for the block period.
The said order of the Assessing Officer, Calicut was challenged on the ground that he had numberjurisdiction to make the block assessment as the authority therefor remained with the Assessing Officer originally having the jurisdiction over the assessee.
Pursuant thereto, the return was filed.
CIVIL APPEAL NOS.
Interpretation application of Section 127 of the Income Tax Act, 1961 for short, the Act vis vis the provision regarding Block Assessment is in question in this appeal which arises out of a judgment and order dated 2.4.2004 passed by the High Court of Kerala at Ernakulam in ITA No.
172 of 2000 and WPC No.
