V. Ramasubramanian, J.

1. Challenging an order passed under Section 127 (2) (a) of the Income Tax Act, 1961 (for short ‘Act, 1961’), transferring the case of the petitioner herein from the file of the Assessing Officer at Hyderabad to the file of the Assessing Officer at Mumbai, the Assessee under the Income Tax Act, 1961 has come up with the above Writ Petition.

2. Heard Dr. C.P. Ramaswami, learned counsel appearing for the petitioner and Sri T. Vinod Kumar, learned Senior Standing Counsel appearing for the Department.

3. It is the case of the petitioner that in the year 1996, the promoters of the petitioner company acquired all the equity shares of a Company by name, M/s. Dhananjaya Hotels Private Limited, incorporated in the year 1977 at Hyderabad and changed the name to M/s. Soma Enterprise Private Limited. In June, 1997, the petitioner was converted into a Public Limited Company. The Registered office of the petitioner was shifted from Hyderabad to Pune on 26.03.1998.

4. According to the petitioner, they are carrying on the business of execution of infrastructure wor