https://www.taxtmi.com/caselaws?id=16436 The court examined the interpretation of Section 142(2A) of the Income-tax Act, emphasizing that the Assessing Officer's decision for a special audit must be based on objective considerations. It highlighted the necessity for all relevant factors to be considered, citing precedents to support decisions made in good faith. Regarding the validity of the special audit order, the court found procedural flaws, including lack of prior approval and inadequate assessment of accounts' complexity. Consequently, the court deemed the order invalid, directing a fresh assessment in compliance with the law. The writ petition was disposed of without costs. en-us Thu, 24 Dec 1998 00:00:00 +0530 Mon, 07 Sep 2009 17:15:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16436 The court examined the interpretation of Section 142(2A) of the Income-tax Act, emphasizing that the Assessing Officer's decision for a special audit must be based on objective considerations. It highlighted the necessity for all relevant factors to be considered, citing precedents to support decisions made in good faith. Regarding the validity of the special audit order, the court found procedural flaws, including lack of prior approval and inadequate assessment of accounts' complexity. Consequently, the court deemed the order invalid, directing a fresh assessment in compliance with the law. The writ petition was disposed of without costs. Case-Laws Income Tax Thu, 24 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16436