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2023 (10) TMI 570 - SC ORDERReopening of assessment u/s 147 - notice issued after the expiry of four years - disallowances reflected in the advertisement and sales promotion expenses - HELD THAT:- As the income tax returns were taken up for regular assessment and thereafter, order u/s 143(3) of the Act was passed. There is a categorical finding by the High Court that full material facts with regard to the expenditure in question were placed by the assessee – Asian Paints Ltd. before the AO during the course of the regular assessment proceedings. No merit in the present special leave petitions and the same are dismissed.
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