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Special Audit

Latest Articles


Legal opinions from Special Auditor can be sought by AO u/s 142(2A)

Income Tax : The Petitioner contended some of the directions issued by the Respondent are bad in law because the Respondent has delegated upon ...

August 27, 2021 981 Views 0 comment Print

Special Audit – Section 142(2A) – Income Tax Act, 1961

Income Tax : A) The rationale behind the introduction of the provision of Special Audit √ Assessee is liable to get its account audited u/s 4...

September 21, 2020 41490 Views 0 comment Print

Audit areas for audit of Quality of Packing Bags for Cement Packing

CA, CS, CMA : Background: Quality control is applied to achieve company’s vision to be a distinguished company. By maintaining a standard qual...

April 5, 2020 2256 Views 0 comment Print

Special Audit Under Goods & Services Tax (GST)

Goods and Services Tax : Introduction to GST Audit GST is a trust-based taxation regime wherein the assessee is required to self-assess his returns and det...

November 20, 2018 4377 Views 0 comment Print

Audit under GST or Types of Audit in GST

Goods and Services Tax : In this article we have discussed GST Audit ) GST Audit based on Turnover by a CA or CMA u/s 35(5) 2) GST Audit by Tax Authoriti...

May 25, 2018 24222 Views 3 comments Print


Latest News


Empanelment of Cost Accountants for Inventory Valuation under Income-tax

CA, CS, CMA : Get details on the empanelment of Cost Accountants under Income-tax Act, 1961. Notice issued by the Principal Chief Commissioner o...

February 1, 2024 780 Views 0 comment Print

Apply Now: CA/CA Firms Empanelment in Bihar & Jharkhand for Special Auditors

CA, CS, CMA : Income Tax Department invites C.A./C.A. Firms in Bihar & Jharkhand to apply for empanelment as Special Auditors. Eligibility, term...

January 11, 2024 1452 Views 0 comment Print

Empanelment with Income Tax Dept., Mumbai for Special Audit

CA, CS, CMA : Income-tax Department, Mumbai intends to invite application from reputed Chartered Accountant firms/propreitary concerns for empan...

January 5, 2023 10815 Views 0 comment Print

New / Revised Standard on Auditing SA 700, 701, 705, 706, 260 & 570

CA, CS, CMA, Company Law : 1. Revised SA 700, Forming an Opinion and Reporting on Financial Statements. 2. New SA 701, Communicating Key Audit Matters in the...

May 18, 2016 38929 Views 2 comments Print

Empanelment with CBI for Forensic Auditing

CA, CS, CMA : Central Bureau of Investigation (CBI) has sought the help of the Institute of Chartered Accountants of India for investigation of ...

May 10, 2016 7936 Views 0 comment Print


Latest Judiciary


CIT cannot extend time for submission of Section 142(2C) Audit report by CA

Income Tax : Explore the Delhi High Court's ruling in PCIT vs. B.L. Kashyap. Learn why CIT cannot extend Section 142(2C) Audit report submissio...

December 21, 2023 630 Views 0 comment Print

Income Tax: Order directing Section 142(2A) special audit must be communicated to Assessee: SC

Income Tax : SC held that order directing special audit under Section 142(2A)  of Income Tax Act, 1961 is required to be communicated to appel...

February 15, 2023 3243 Views 0 comment Print

No special audit if CIT grants approval mechanically to extend limitation period

Income Tax : Since AO had taken recourse to the provisions of section 142(2A) only with a view to extend the period of limitation by virtue of ...

December 2, 2021 1284 Views 0 comment Print

Delhi HC admits WP staying special audit under Income Tax

Income Tax : India Yamaha Motor Private Limited Vs PCIT (Delhi High Court) Writ of India Yamaha Motor (P) Ltd., Hon’ble Delhi High Court ...

October 5, 2021 1137 Views 0 comment Print

Special Audit: Period petition remained pending for verdict needs to be excluded in computation

Income Tax : Dishman Infrastructure Limited Vs ACIT (Gujarat High Court) Request made by the learned Sr. Advocate Mr.M. R. Bhatt for the respon...

August 25, 2021 1572 Views 0 comment Print


Latest Notifications


CA firms empanelled for Special Audit with Income Tax Dept Amritsar

Income Tax : Income Tax Department Amritsar Central Revenue Building, Room No. 206, 1st Floor, Maqbool Rd, C Block, Amritsar, Punjab 143001 E-m...

February 3, 2021 2136 Views 0 comment Print


Latest Posts in Special Audit

Empanelment of Cost Accountants for Inventory Valuation under Income-tax

February 1, 2024 780 Views 0 comment Print

Get details on the empanelment of Cost Accountants under Income-tax Act, 1961. Notice issued by the Principal Chief Commissioner of Income Tax, Pune. Apply by 29.02.2024

Apply Now: CA/CA Firms Empanelment in Bihar & Jharkhand for Special Auditors

January 11, 2024 1452 Views 0 comment Print

Income Tax Department invites C.A./C.A. Firms in Bihar & Jharkhand to apply for empanelment as Special Auditors. Eligibility, terms, and conditions outlined. Apply within 15 days.

CIT cannot extend time for submission of Section 142(2C) Audit report by CA

December 21, 2023 630 Views 0 comment Print

Explore the Delhi High Court’s ruling in PCIT vs. B.L. Kashyap. Learn why CIT cannot extend Section 142(2C) Audit report submission time; crucial insights revealed.

Income Tax: Order directing Section 142(2A) special audit must be communicated to Assessee: SC

February 15, 2023 3243 Views 0 comment Print

SC held that order directing special audit under Section 142(2A)  of Income Tax Act, 1961 is required to be communicated to appellant-assessee, so as to know the reasons, and, if required, the assessee can choose to exercise the option to challenge the order. 

Empanelment with Income Tax Dept., Mumbai for Special Audit

January 5, 2023 10815 Views 0 comment Print

Income-tax Department, Mumbai intends to invite application from reputed Chartered Accountant firms/propreitary concerns for empanelment to carry out Special Audit u/s. 142(2A) of the I.T. Act, 1961 for the period 2023-24 and 2024-25.

No special audit if CIT grants approval mechanically to extend limitation period

December 2, 2021 1284 Views 0 comment Print

Since AO had taken recourse to the provisions of section 142(2A) only with a view to extend the period of limitation by virtue of clause (iv) of Explanation 1 to section 153(9) for completion of assessment, without the conditions being satisfied in section 142(2A), therefore, the assessment framed by AO under section 143(3) was barred by limitation and invalid.

Delhi HC admits WP staying special audit under Income Tax

October 5, 2021 1137 Views 0 comment Print

India Yamaha Motor Private Limited Vs PCIT (Delhi High Court) Writ of India Yamaha Motor (P) Ltd., Hon’ble Delhi High Court has admitted the Writ and has stayed the operation of letter of direction and order for special audit u/s 142(2A) of the Income Tax Act, 1961, as the same were issued in violation of […]

Legal opinions from Special Auditor can be sought by AO u/s 142(2A)

August 27, 2021 981 Views 0 comment Print

The Petitioner contended some of the directions issued by the Respondent are bad in law because the Respondent has delegated upon a special auditor the work which he himself was required to do thereby is in the nature of investigation. Such directions cannot be segregated from the other directions and therefore submitted that the entire order containing the directions be quashed and set aside.

Special Audit: Period petition remained pending for verdict needs to be excluded in computation

August 25, 2021 1572 Views 0 comment Print

Dishman Infrastructure Limited Vs ACIT (Gujarat High Court) Request made by the learned Sr. Advocate Mr.M. R. Bhatt for the respondent to exclude the period during which the present petition remained pending in the High Court after issuance of the notice i.e. from 14.6.20201 till this date, deserves to be considered for the purpose of […]

CA firms empanelled for Special Audit with Income Tax Dept Amritsar

February 3, 2021 2136 Views 0 comment Print

Income Tax Department Amritsar Central Revenue Building, Room No. 206, 1st Floor, Maqbool Rd, C Block, Amritsar, Punjab 143001 E-mail: amritsar.ito.hql.ccit@incometax.gov.in No.0183-2506392 El No.0183-2506419 Date: 03.02.2021 Order Sub:- Empanelment of Chartered Accountant for Special Audit u/s 142(2A) of Income Tax Act, 1961: – Additional Order Regarding In pursuance of Rule 14B of the Income Tax […]

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