Where any action or proceeding has been validly undertaken by the transferor jurisdictional authority, the transferee jurisdictional authority shall act upon, give effect to, and proceed on the basis of such earlier valid action taken by the transferor jurisdictional authority, as if it had itself initiated the same. The transferee jurisdictional authority shall take over and conclude the same from the stage at which it stood at the time of migration/ transfer. The transferor jurisdiction authority shall not take any action or initiate proceedings against the taxable person, after he has migrated/ transferred to another jurisdiction.