2013 (10) TMI 823

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..... depreciation against the income from other sources was in order and hence cannot be considered to be erroneous or prejudicial to the interests of the Revenue and in cancelling the order under sections 263?" – Held that:- As per Hon’ble Karnatka High Court Order,Commissioner directed that the unabsorbed depreciation and unabsorbed investment allowance should be adjusted against the income of the e .....

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