A request made to transfer jurisdiction to Pune was allowed by Commissioner, Mumbai. Since transfer of PAN was consequential to the order of transfer of jurisdiction, Assessing Officer Mumbai cannot not continue to exercise jurisdiction in the case of the assessee even if PAN came to be transferred much later than a transfer of jurisdiction. Order of the Tribunal quashing the order was affirmed. (AY. 2010 -11)
PCIT v. Capstone Securities Analysis (P.) Ltd. [2023] 146 taxmann.com 423 / 320 CTR 565 (Bom)(HC)
S. 124 : Jurisdiction of Assessing Officer–Assessing Officer Mumbai cannot continue to exercise jurisdiction in the case of the assessee even if PAN came to be transferred much later than a transfer of jurisdiction. [S. 92CA]