https://www.taxtmi.com/caselaws?id=236155 The court upheld the Assessing Officer's order for a special audit under Section 142(2A) of the Income Tax Act, finding the complexity of the accounts and non-disclosure of related party transactions justified. The court ruled that the special audit was necessary to ensure the correct determination of income and continuation of tax exemptions under Sections 11 and 12 of the Act. The court dismissed the writ petition, emphasizing the importance of a proper audit for trusts claiming tax exemptions. en-us Mon, 12 Aug 2013 00:00:00 +0530 Sat, 07 Dec 2013 10:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236155 The court upheld the Assessing Officer's order for a special audit under Section 142(2A) of the Income Tax Act, finding the complexity of the accounts and non-disclosure of related party transactions justified. The court ruled that the special audit was necessary to ensure the correct determination of income and continuation of tax exemptions under Sections 11 and 12 of the Act. The court dismissed the writ petition, emphasizing the importance of a proper audit for trusts claiming tax exemptions. Case-Laws Income Tax Mon, 12 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236155