https://www.taxtmi.com/caselaws?id=35480 The court upheld the Settlement Commission's decision, emphasizing the petitioner's failure to make a full and true disclosure, leading to discrepancies in the information provided. The court found that the complexity of accounts did not warrant intervention and that the special audit order was invalid due to the lack of a hearing. Consequently, the order for a special audit was set aside, and the matter was remanded for a fresh decision with the petitioner afforded an opportunity for a hearing, ensuring procedural fairness in the proceedings. en-us Mon, 14 Jan 2008 00:00:00 +0530 Tue, 09 Mar 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35480 The court upheld the Settlement Commission's decision, emphasizing the petitioner's failure to make a full and true disclosure, leading to discrepancies in the information provided. The court found that the complexity of accounts did not warrant intervention and that the special audit order was invalid due to the lack of a hearing. Consequently, the order for a special audit was set aside, and the matter was remanded for a fresh decision with the petitioner afforded an opportunity for a hearing, ensuring procedural fairness in the proceedings. Case-Laws Income Tax Mon, 14 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35480