https://www.taxtmi.com/caselaws?id=245580 The court upheld the Assessing Officer's direction for a special audit under Section 142(2A) of the Income Tax Act, citing the complexity of accounts, discrepancies in Percentage of Completion Method calculations, and the necessity for transparency in SEZ income and related party transactions. The court dismissed the writ petition, lifted the stay order, and permitted the assessment proceedings to proceed in accordance with the law. en-us Fri, 28 Mar 2014 00:00:00 +0530 Tue, 17 Feb 2015 15:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245580 The court upheld the Assessing Officer's direction for a special audit under Section 142(2A) of the Income Tax Act, citing the complexity of accounts, discrepancies in Percentage of Completion Method calculations, and the necessity for transparency in SEZ income and related party transactions. The court dismissed the writ petition, lifted the stay order, and permitted the assessment proceedings to proceed in accordance with the law. Case-Laws Income Tax Fri, 28 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245580