Minister of State for Finance has informed in the Parliament that the government had ordered to conduct a special audit of the real estate giant DLF's books and would take necessary action after scrutiny suitable as such.
He said that a special audit under section 142(2A) of the I-T Act was ordered in the case of Delhi Lease and Financing (DLF) for the assessment year 2006-07.
The Income-Tax department can initiate special audit of books of accounts under section 142 (2A) of the Income Tax Act in the interest of revenue protection.
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