Tax after ots with bank

Bank liability as per the books 6 crores as per your version. Then how com it can reduce 3 crores. And remaining 3 crores is can be still outstanding due. How come it comes into profit. ?

I am not getting full details.  Elaborate the situation.

we have taken loan from bank for 6 crores. and because of loss in business could not pay back. cases are filed in drt etc. we have propsed bank to come to settlement and hopeful to settle for 3 crores. if we can settle for 3 cr, balance payable i.e. 3 cr will be treated as profit?

please note,

ours is pvt ltd co. carry fwd loss in books is 7 cr. it can be adjusted with previous losses. if it can be adjusted, do we have to pay mat? what loss can be offset with profit?