2023 (10) TMI 919

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....alaji Senior Standing Counsel and Mrs.S.Premalatha Junior Standing Counsel ORDER The petitioner is aggrieved by the impugned Assessment Order in DIN:ITBA/AST/S/143(3)/2022-2023/1045749202(1) dated 21.09.2022 passed under Section 143(3) read with Section 144B of the Income Tax Act, 1961 for the Assessment Year 2020-2021. 2. The impugned Assessment Order precedes a Show Cause Notice dated 05.09.2....

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....rt, the learned counsel for the petitioner would submit that even otherwise on merits also, there is no scope for upholding the demand. Hence, prays for allowing this writ petition. 6. The learned Senior Standing Counsel for the respondent on the other hand would submit that sufficient opportunity was given to the petitioner to reply to the Show Cause Notice relating to the Foreign Exchange Loss.....

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....ered the arguments advanced by the learned counsel for the petitioner and the learned Senior Standing Counsel for the respondent. 10. Prima facie, there are indications that the petitioner's reply dated 19.09.2022 has not been considered while passing the impugned order. 11. The petitioner had also successfully made a request for video conferencing on 19.09.2022. However, the impugned order ....