https://www.taxtmi.com/caselaws?id=763902 ITAT Delhi held that special audit order u/s 142(2A) was void ab-initio due to procedural violations. The CIT improperly accorded approval to AO's satisfaction and specified the initial period for furnishing special audit report, which should have been done by AO alone. Additionally, AO granted extension of time to special auditor instead of assessee as mandated u/s 142(2C), making the extension beyond jurisdiction and time-barred. CIT(A)'s decision to quash the assessment was upheld as proper procedure under sections 142(2A) and 142(2C) was not followed. en-us Fri, 27 Dec 2024 00:00:00 +0530 Tue, 31 Dec 2024 08:43:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763902 ITAT Delhi held that special audit order u/s 142(2A) was void ab-initio due to procedural violations. The CIT improperly accorded approval to AO's satisfaction and specified the initial period for furnishing special audit report, which should have been done by AO alone. Additionally, AO granted extension of time to special auditor instead of assessee as mandated u/s 142(2C), making the extension beyond jurisdiction and time-barred. CIT(A)'s decision to quash the assessment was upheld as proper procedure under sections 142(2A) and 142(2C) was not followed. Case-Laws Income Tax Fri, 27 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763902