PCIT v. Capstone Securities Analysis Pvt. Ltd. (2023)457 ITR 775 / 146 taxmann.com 423(Bom)(HC)

S. 124 : Jurisdiction of Assessing Officers-Transfer of case from Mumbai to Pune-Order of assessment by Assessing Officer of Mumbai is not valid. [S. 143(3)]

Dismissing the appeal of the Revenue the Court held that  that the Tribunal was right in holding that after the Commissioner had passed an order on December 19, 2014, transferring the assessment jurisdiction from Mumbai to Pune, the Assessing Officer at Mumbai had no jurisdiction over the file of the assessee on the date when the order of assessment came to be passed on December 24, 2014 by him.(AY.2010-11)