Home > Tag Archives: Section 142(2A) of the Income Tax Act

Tag Archives: Section 142(2A) of the Income Tax Act

“Special audit” under the provisions of the Income Tax Act

special audit

Special audit is conducted when the Assessing Officer during any proceedings fails to understand the complexity in accounts. With the prior approval of Chief Commissioner of Income Tax, the said officer can issue notice for special audit to be done by a chartered accountant. Relevant provisions of the Income Tax Act dealing with “special audit”: Section 142 (2a) of the ... Read More »