2023 (7) TMI 910 - SCH - Income Tax

Special audit notice u/s 142 (2A) - As decided by HC 2018 (10) TMI 376 - BOMBAY HIGH COURT these Writ Petitions can be conveniently disposed off without examining the larger issue and Petitions can be disposed off with a direction that the special audit in terms of the impugned notice and the approval need not be undertaken for all the materials in relation to the Petitioner's transactions, their share holdings, are already referred to in the PWC report as also the pending proceedings u/s 148 of the I. T. Act - HELD THAT - We are not inclined to interfere with the impugned judgment and order passed by the High Court. The special leave petitions are dismissed accordingly.

Summary

The Supreme Court dismissed the special leave petitions and declined to interfere with the impugned judgment and order passed by the High Court. Pending application(s) were disposed of. Justices B.R. Gavai and J.B. Pardiwala presided over the case.