A comparative study of CO cross coupling reaction in synthesis of 4-(O,O-isopropylidene-2,3-dihydroxypropoxypyrazolo[3,4-d]pyrimidines (3) has been under taken using phase transfer catalysis. Liquid-liquid phase transfer catalysis has been explored in reaction between (2,2-dimethyl-1,3-dioxolan-4-yl)methanol (1) and 4-chloropyrazolo[3,4-d]pyrimidines (2) using tetrabutylammonium bromide (TBAB) as phase transfer catalyst, aqueous NaOH as inorganic phase and chlorobenzene as organic phase at room temperature to form 3. Ring opening of (2,2-dimethyl-1,3-dioxolan-4-yl)methanolyl present in 3 under acidic hydrolysis at room temperature afforded 3-(1,6disubstituted 1H-pyrazolo[3,4-d]pyrimidin-4-yloxy)propane-1,2-diols (4).