Special Audit justified if no book before AO and Specialized nature of business activities and multiplicity of transactions

In the present case, before passing the impugned Orders under section 142(2A) of the Act, opportunity of being heard has been duly given to the assessee and show cause notices were issued and served upon the petitioner calling upon the petitioner to show cause why, for the reasons stated in the said notice, the books of account may not be subject to audit by a special auditor. It is required to be noted that in the show cause notice, reasons were specifically mentioned pointing out the necessity to get accounts audited by the Special Auditor. That thereaft

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