Whether waiver of loan will amount to a benefit relatable to depreciation expenditure claimed earlier?

ITAT JODHPUR BENCH Shri Kansara Modular Ltd. versus Assistant Commissioner of Income-tax, Jodhpur IT Appeal No. 196 (Jodh.) of 2011 [ASSESSMENT YEAR 2006-07] FEBRUARY 11, 2013 ORDER Hari Om Maratha, Judicial Member This appeal of the assessee for Assessment year 2006-07 is directed against the order of the ld. CIT(A) dated 21.03.2011. 2. The Appellant has raised the following grounds in its appeal: 1. “That on the basis of facts and circumstances of the case, whether the learned CIT(A) was justified in determining interest pertaining to preoperative period at Rs.524 la...