Section 142(2A)

Court :
HC

Brief :
Held by the Hon`ble Court that, no authority has been given to assessing officer u/s 142(2A) of the Income tax Act to make an order for preparation of fresh books by referring the matter to an auditor under special audit. Therefore A.O. is not justified in law.

Citation :
C.I.T. Vs. Bajrang Textiles

Section 142(2A) C.I.T. Vs. Bajrang Textiles 07/14/2006 [2007] 294 ITR 561 (Raj) Case Fact: Whether, order for preparing fresh books u/s 142(2A) by A.O. is justified in law? Decision: Held by the Hon`ble Court that, no authority has been given to assessing officer u/s 142(2A) of the Income tax Act to make an order for preparation of fresh books by referring the matter to an auditor under special audit. Therefore A.O. is not justified in law.

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Judgement posted by

CA.Saibaburao Nanduri

Chartered Accountant

I am a commerce graduarte of Andhra University. Studied at HINDU COLLEGE, Guntur. Became FCA and started Practice under the name and style of M/s SAIBABU RAO CO I became Chairman of CA Institute, Guntur Branch, during the year 2008-09 My post qualifications are: Information Systems Audit DISA (ICAI) ... Read more

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