Special Audit of Accounts Upheld Despite Procedural Lapse; Court Grants Additional Time for Fair Process.

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....Validity of special audit u/s 142(2A) - The Jharkhand High Court upheld the orders for a special audit of the petitioner’s accounts for the assessment years 2020-21 and 2022-23. The court found that the discrepancies in the petitioner’s accounts justified the special audit and that the statutory requirements for ordering such an audit were met. While the court acknowledged a procedural lapse in providing insufficient time for the petitioner to respond, it held that this did not cause significant prejudice to warrant interference. The petitioner’s writ petitions were dismissed, with the court providing additional time for the audit and specific directions to ensure a fair audit process.....