https://www.taxtmi.com/caselaws?id=210317 The court upheld the legality of the Special Audit order under Section 142(2A) of the Income Tax Act, 1961, finding that the Chief Commissioner of Income Tax (CCIT) had appropriately exercised discretionary powers. The petitioner's failure to comply with procedural requirements, including providing necessary documents and accounts, and its misleading conduct resulted in the dismissal of the writ petition. The court imposed costs of Rs. 1 lakh on the petitioner for obstructing the audit process and directed payment to the Allahabad High Court Legal Service Committee within one month. en-us Fri, 29 Jul 2011 00:00:00 +0530 Thu, 04 Jul 2013 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210317 The court upheld the legality of the Special Audit order under Section 142(2A) of the Income Tax Act, 1961, finding that the Chief Commissioner of Income Tax (CCIT) had appropriately exercised discretionary powers. The petitioner's failure to comply with procedural requirements, including providing necessary documents and accounts, and its misleading conduct resulted in the dismissal of the writ petition. The court imposed costs of Rs. 1 lakh on the petitioner for obstructing the audit process and directed payment to the Allahabad High Court Legal Service Committee within one month. Case-Laws Income Tax Fri, 29 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210317