https://www.taxtmi.com/caselaws?id=11378 The court upheld the validity of the directions and notice issued under section 142(2A) of the Income-tax Act, 1961, requiring the petitioner to undergo a special audit due to the complexity of their accounts. It was determined that the Assessing Officer had valid reasons for ordering the special audit, including discrepancies in account books and understated investments. The court also ruled that a show cause notice or opportunity of hearing was not necessary before issuing such directions. Additionally, the proceedings under section 148 for the assessment year 1990-91 were deemed valid, leading to the dismissal of the petition. en-us Tue, 17 Feb 2004 00:00:00 +0530 Fri, 07 Aug 2009 16:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11378 The court upheld the validity of the directions and notice issued under section 142(2A) of the Income-tax Act, 1961, requiring the petitioner to undergo a special audit due to the complexity of their accounts. It was determined that the Assessing Officer had valid reasons for ordering the special audit, including discrepancies in account books and understated investments. The court also ruled that a show cause notice or opportunity of hearing was not necessary before issuing such directions. Additionally, the proceedings under section 148 for the assessment year 1990-91 were deemed valid, leading to the dismissal of the petition. Case-Laws Income Tax Tue, 17 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11378