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2017 (3) TMI 113 - HC - Income TaxOrder 142(2A) appointing Special Auditor by AO - Held that:- One of the requirement for exercising the powers under Section 142(2A) that the AO must be satisfied in interest of revenue, the account is required to be audited by the Special Auditor is concerned, it is required to be noted that considering the amended provision of Section 142(2A) of the Act which has come into force w.e.f. 1.6.2013, the special Auditor can be appointed if at any stage of the proceedings before him, the AO having regard to the nature and complexity of the account of the assessee and the interest of the revenue, is of the opinion that it is necessary so to do, he may direct the account to be verified by the Special Auditor. Therefore, having regard to the nature and complexity of the account, if the AO is satisfied and / or is of the opinion that accounts are required to be verified by the Special Auditor, he may pass such order. Therefore, on the aforesaid ground that the AO has not stated that the accounts are required to be audited by Special Auditor in the interest of Revenue, the impugned order is not required to be quashed and set aside, more particularly, when it is stated in the order that looking to the complexity and the multiplicity of transactions, account are required to be verified by the Special Auditor. Considering the object and purpose of Section 142(2A), it appears that the accounts are required to be audited by the Special Auditor under Section 142(2A) with a view to facilitate the AO in passing the impugned order. Thus no reason to interfere with the impugned order passed by the AO.
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