2016 (3) TMI 1268

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..... of depreciation loss and without considering the Circular NO.7 of 2013 issued by CBDT wherein necessary clarifications have been issued with this regard and further holding that proceeding initiated under Section 263 is invalid even when same is done in accordance with parameters of the said provision? - Held that:- The issue is already covered by the decision of this court in the case of Yokogawa .....

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..... oss total income and without setting off the business loss of DTA unit with the profit of EHTP unit resulting in carry forward of depreciation loss and without considering the Circular NO.7 of 2013 issued by CBDT wherein necessary clarificatio9ns have been issued with this regard and further holding that proceeding initiated under Section 263 is invalid even when same is done in accordance with pa .....

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