https://www.taxtmi.com/caselaws?id=362673 The Tribunal quashed the assessment order on the grounds that the direction for a special audit under Section 142(2A) was invalid, rendering the assessment time-barred. As a result, the assessment order based on the special audit was also deemed invalid and barred by limitation. The Tribunal's decision led to the deletion of additions made by the AO on account of deemed dividend and interest paid to Tata Reality Infrastructure Ltd, as the entire assessment order was quashed due to the invalid special audit direction. en-us Wed, 27 Jun 2018 00:00:00 +0530 Fri, 27 Jul 2018 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362673 The Tribunal quashed the assessment order on the grounds that the direction for a special audit under Section 142(2A) was invalid, rendering the assessment time-barred. As a result, the assessment order based on the special audit was also deemed invalid and barred by limitation. The Tribunal's decision led to the deletion of additions made by the AO on account of deemed dividend and interest paid to Tata Reality Infrastructure Ltd, as the entire assessment order was quashed due to the invalid special audit direction. Case-Laws Income Tax Wed, 27 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362673