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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Directions for special audit - Where satisfaction has been ...


Special Audit Ordered on Bona Fide Satisfaction; No Need to Meet Specific Guideline Conditions First.

December 11, 2013

Case Laws     Income Tax     HC

Directions for special audit - Where satisfaction has been arrived at, in bonafide manner after making a genuine and past attempt to understand the accounts and after giving opportunity to the assessee to submit explanation, it cannot be said that unless any of the conditions given in the guidelines are satisfied, special audit cannot be directed - HC

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