Special audit u/s 142(2a) (income tax)
This query is : Resolved
17 October 2011
Dear Sir/Madam,
Can anybody explain me what is Special Audit u/s 142(2A)? and when it is applicable?
Thanking you?
Can anybody explain me what is Special Audit u/s 142(2A)? and when it is applicable?
Thanking you?
17 October 2011
If during the proceedings AO thinks that the nature of transactions are complex and it is in the interest of the revenue to get accounts of the assessee audited then AO may direct such audit..
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