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2011 (1) TMI 1181 - HC - Income TaxDepreciation on the aircraft - disallowed by the Assessing Officer (AO) on the ground that the said aircraft was grounded in the relevant assessment year and was not put to use - AO noted that the assessee had given the said aircraft on lease and even the lease rental was not charged and the assessee had granted moratorium in respect thereof - matter is remitted back to the file of the Assessing Officer, who shall record a specific finding as to whether during the entire year the Aircraft was not put to use, appeal stands disposed of
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