TMI Blog1993 (9) TMI 19X X X X Extracts X X X X X X X X Extracts X X X X ..... e dated February 26, 1993, under section 142(2A) of the Income-tax Act, 1961 (hereinafter referred to as "the Act"),requiring the petitioner to get a special audit of its accounts conducted for the assessment year 1990-91. The challenge is on the ground that the accounts of the petitioner have already been audited being a limited company and the Assessing Officer erred in passing the order under s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t the Assessing Officer was justified in forming the opinion that the accounts of the company require a special audit. The next argument raised was that under section 142(2C) of the Act, the period fixed by the Assessing Officer for the report under sub-section (1) was three months and this period could not be extended until and unless an application was filed by the assessee for extension of th ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
