Dismissing the petition the court held that, Assessing Officer has made genuine attempt to understand nature of Assessee’s business and method of accounting. As the principles of natural justice is not violated, order for Special Audit is justified. (AY. 2016-17)
National Projects Construction Corporation Ltd. (NPCC) v. DCIT (2019) 413 ITR 130/ 179 DTR 53/ 310 CTR 367 / 265 Taxman 249 (Delhi) (HC)
S. 142(2A) : Inquiry before assessment–Special audit–Genuine attempt by Assessing Officer to understand nature of Assessee’s business and method of accounting-Principles of natural justice not violated-Order for Special Audit is justified.