2023 (12) TMI 141

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..... notional foreign exchange loss on non payment of imports - as decided by HC [ 2022 (4) TMI 625 - BOMBAY HIGH COURT] As evident from the reasons for reopening that the Assessing Officer had all material facts before him when he made the original assessment. In the reasons for reopening there is not even a whisper as to what was not disclosed - This is a case wherein the assessment sought to be reo .....

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