https://www.taxtmi.com/caselaws?id=208006 The High Court allowed the writ petition, setting aside the order under Section 142(2A) of the Income Tax Act directing the audit of the petitioner's accounts. The Court emphasized the necessity of providing reasons for such orders, citing the importance of objective criteria, understanding the complexity of accounts, and the need for the assessing officer to base decisions on material and application of mind. The Court highlighted that the order must reflect reasoning and withstand scrutiny under constitutional provisions. The Assistant Commissioner was granted the opportunity to issue a fresh order in compliance with the law. en-us Wed, 13 Jan 2010 00:00:00 +0530 Mon, 02 Jan 2012 11:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208006 The High Court allowed the writ petition, setting aside the order under Section 142(2A) of the Income Tax Act directing the audit of the petitioner's accounts. The Court emphasized the necessity of providing reasons for such orders, citing the importance of objective criteria, understanding the complexity of accounts, and the need for the assessing officer to base decisions on material and application of mind. The Court highlighted that the order must reflect reasoning and withstand scrutiny under constitutional provisions. The Assistant Commissioner was granted the opportunity to issue a fresh order in compliance with the law. Case-Laws Income Tax Wed, 13 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208006