https://www.taxtmi.com/highlights?id=34199 Special audit u/s 142(2A) - there are complex issues relating to introduction of land by the partners into the firms; revaluation of land; credit of partners in capital account equal to revalued amount of land; conversion of capital account to loan account of shareholders and issues relating to issuance of equity shares against the balances of revaluation credits at an unreasonable premium - order for special audit is justified - HC en-us Fri, 07 Apr 2017 09:10:56 +0530 Fri, 07 Apr 2017 09:10:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=34199 Special audit u/s 142(2A) - there are complex issues relating to introduction of land by the partners into the firms; revaluation of land; credit of partners in capital account equal to revalued amount of land; conversion of capital account to loan account of shareholders and issues relating to issuance of equity shares against the balances of revaluation credits at an unreasonable premium - order for special audit is justified - HC Highlights Income Tax Fri, 07 Apr 2017 09:10:56 +0530 https://www.taxtmi.com/highlights?id=34199