Power of AO to extend period for completion of special audit u/s 142(2A) of IT Act, 1961

RELEVANT PARAGRAPH 5.1 The dates as mentioned are not disputed, A perusal of the provisions pf Section 142(2A) shows that at any stage of the proceedings before the A.O. if the A.O. is of the view that there is complexity in the accounts of the assessee, then, in the interest of justice, he may with the prior approval of the Chief Commission ^or the Commissioner, direct that the assessee’s accounts are to be audited by an accountant as specified under the Act. The direction for conducting special audit is subject to the assessee having been given reasonable opportunity of being heard. Th...