https://www.taxtmi.com/caselaws?id=19833 The court upheld the validity of proceedings under section 142(2A) of the Income-tax Act, 1961, for a special audit of the petitioner's accounts. It found the reasons recorded by the Assessing Officer justified due to the complexity of the company's accounts. Additionally, the extension of the period for submission of the special audit report was deemed valid under section 142(2C) as the Assessing Officer can extend the period for valid reasons. The petitioner's lack of cooperation with the appointed Chartered Accountant led to the extension. The petition was dismissed for lacking merit, with no costs imposed. en-us Tue, 14 Sep 1993 00:00:00 +0530 Tue, 10 Nov 2009 10:27:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19833 The court upheld the validity of proceedings under section 142(2A) of the Income-tax Act, 1961, for a special audit of the petitioner's accounts. It found the reasons recorded by the Assessing Officer justified due to the complexity of the company's accounts. Additionally, the extension of the period for submission of the special audit report was deemed valid under section 142(2C) as the Assessing Officer can extend the period for valid reasons. The petitioner's lack of cooperation with the appointed Chartered Accountant led to the extension. The petition was dismissed for lacking merit, with no costs imposed. Case-Laws Income Tax Tue, 14 Sep 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19833