Dismissing the petition the Court held that, the order for special audit was reasonable especially in regard to the imprest account for which details of expenses incurred had not been furnished, the benefit of section 80-IC and the revision of returns, which needed inquiry if the Assessing Officer felt it to be so. The assessee had not alleged any mala fides. The order for special audit was sustained. The interim stay was to be vacated. ( AY. 2010-11)
Patanjali Ayurveda Ltd. v. DCIT (2019) 410 ITR 356 / 260 Taxman 253/ 173 DTR 105 /306 CTR 251(Delhi) (HC)
S. 142(2A) : Inquiry before assessment–Special audit–Method of accounting—Difficulty in allocating expenses-No allegation of mala fides—Order directing Special Audit is justified. [S. 80 IC, 145]