https://www.taxtmi.com/article/detailed?id=5825 Rule 5A authorized officers and deputed audit parties to access premises and demand accounting records, trial balances and income tax audit reports for scrutiny. Section 72A, by contrast, confines audits to specified special circumstances and empowers the Commissioner to direct a chartered or cost accountant for a defined extent and period. The High Court held Rule 5A(2) and the related office instruction ultra vires because they created a generalized audit mechanism beyond the statute's conditional special audit authority, and set aside notices and circulars enforcing that expanded power. en-us Thu, 11 Sep 2014 11:49:26 +0530 Thu, 11 Sep 2014 11:49:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5825 Rule 5A authorized officers and deputed audit parties to access premises and demand accounting records, trial balances and income tax audit reports for scrutiny. Section 72A, by contrast, confines audits to specified special circumstances and empowers the Commissioner to direct a chartered or cost accountant for a defined extent and period. The High Court held Rule 5A(2) and the related office instruction ultra vires because they created a generalized audit mechanism beyond the statute's conditional special audit authority, and set aside notices and circulars enforcing that expanded power. Articles Service Tax Thu, 11 Sep 2014 11:49:26 +0530 https://www.taxtmi.com/article/detailed?id=5825