Special audit selection under section 142(2A): criteria and procedural guidance for referring cases for audit. Selection for special audit under section 142(2A) is limited to cases with specific indicia requiring independent probe. For companies this includes misfeasance or breach by officers, search and seizure or FX probes, foreign collaboration, foreign principals with Head Office deductions, substantial import/export activity, allegations of substantial evasion, or other information justifying audit; referrals should be selective, cover related assessment years where appropriate, and state reasons when submitted for CIT approval.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Special audit selection under section 142(2A): criteria and procedural guidance for referring cases for audit.
Selection for special audit under section 142(2A) is limited to cases with specific indicia requiring independent probe. For companies this includes misfeasance or breach by officers, search and seizure or FX probes, foreign collaboration, foreign principals with Head Office deductions, substantial import/export activity, allegations of substantial evasion, or other information justifying audit; referrals should be selective, cover related assessment years where appropriate, and state reasons when submitted for CIT approval.
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