Section 127 of the Income Tax Act, 1961 — Income Tax Authorities — Requirement of hearing and following the principle of natural justice is inbuilt in the statutory provisions contained in section 127. Principal CIT having passed the order under section 127 transferring the assessee's case on the pretext of centralizing his assessments with R group of cases and without mentioning the alleged adverse statements of third parties in the show cause notice, the procedure follows by the concerned authority  did not satisfy the principles of natural justice and therefore, the impugned order is quashed—Naresh Manekchand Jain vs. Principal Commissioner of income tax [2020] 312 CTR (Bombay) 82