In the result, the appeal of the assessee in ITA No
Bench: Shri Ravish Sood & Shri Arun Khodpiaआयकर अपील सं. / Ita No.81/Rpr/2020 "नधा"रण वष" / Assessment Year : 2011-12 Chhattisgarh State Power Transmission Company Ltd. Executive Director (Fin.), Csptcl, Second Floor, Sldc Building, Cseb Office Campus, Danginiya Raipur-492 013 (C.G.) Pan : Aadcc5773E .......अपीलाथ" / Appellant बनाम / V/S. The Assistant Commissioner Of Income Tax, Circle-4(1), Raipur (C.G.) ……""यथ" / Respondent
depreciation of Rs.26,40,17,852/- [Rs.193,65,38,052/- (-) Rs. 167,25,20,000/-] was disallowed by the A.O. 25. Further, on perusal of the details, it was gathered by the A.O that the assessee company had shown an amount of Rs.9,87,350/- as a liability outstanding against stale cheques. The A.O holding a conviction that there could