https://www.taxtmi.com/article/detailed?id=5330 Section 142 empowers the Assessing Officer to direct a special audit of accounts where the nature and complexity of the accounts and the interests of the revenue make it necessary, subject to prior approval of the Chief Commissioner or Commissioner and a reasonable opportunity of being heard; the audit report must be furnished within a prescribed period (subject to extension) and expenses are determined by the Chief Commissioner or Commissioner and payable by the assessee, with provisions for recovery and eventual governmental payment under prescribed guidelines for certain directions. en-us Tue, 22 Oct 2013 10:08:37 +0530 Tue, 22 Oct 2013 10:08:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5330 Section 142 empowers the Assessing Officer to direct a special audit of accounts where the nature and complexity of the accounts and the interests of the revenue make it necessary, subject to prior approval of the Chief Commissioner or Commissioner and a reasonable opportunity of being heard; the audit report must be furnished within a prescribed period (subject to extension) and expenses are determined by the Chief Commissioner or Commissioner and payable by the assessee, with provisions for recovery and eventual governmental payment under prescribed guidelines for certain directions. Articles Income Tax Tue, 22 Oct 2013 10:08:37 +0530 https://www.taxtmi.com/article/detailed?id=5330