Transfer of PAN is consequential to Order of transfer of jurisdiction

PCIT Vs Capstone Securities Analysis Pvt. Ltd (Bombay High Court) It was held that the transfer of PAN is consequential to the Order of transfer of jurisdiction and that it is a PAN, which follows the jurisdiction and not vice versa. FULL TEXT OF THE JUDGMENT/ORDER OF BOMBAY HIGH COURT The present appeal under Section 260A of the Income Tax Act, 1961 (“the Act”) is preferred against the Order dated 9 August 2017, passed by the Income Tax Tribunal, Pune Bench in Income Tax Appeal No. 177/PUN/2015 for the Assessment Year 2010-11. 2. Briefly stated the material facts are as under : The assess...