https://www.taxtmi.com/caselaws?id=243870 A direction for special audit under section 142(2A) of the Income-tax Act is valid where survey material, impounded books and computer data show mixed and incomplete accounts, and the authority records objective satisfaction that the accounts are complex and that audit is necessary in the interest of revenue. The challenge based on natural justice failed because a show-cause notice was issued, the reply was considered, and a hearing was afforded before approval and before the audit direction. The contention that the auditor was being asked to prepare fresh books was rejected, as the direction was limited to verification and reconciliation of existing material. en-us Fri, 07 Feb 2014 00:00:00 +0530 Wed, 12 Feb 2014 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243870 A direction for special audit under section 142(2A) of the Income-tax Act is valid where survey material, impounded books and computer data show mixed and incomplete accounts, and the authority records objective satisfaction that the accounts are complex and that audit is necessary in the interest of revenue. The challenge based on natural justice failed because a show-cause notice was issued, the reply was considered, and a hearing was afforded before approval and before the audit direction. The contention that the auditor was being asked to prepare fresh books was rejected, as the direction was limited to verification and reconciliation of existing material. Case-Laws Income Tax Fri, 07 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243870