KIFS SECURITIES LTD.,,AHMEDABAD vs. THE JT.CIT, RANGE- 3,, AHMEDABAD

In the result Ground No.9 of the revenue is allowed for

Bench: Hon'Ble Justice P.P.Bhatt & Hon'Ble Manish Borad

Section 14A could have no application." 5. In view of the above, we are of the opinion that no substantial question of law arise. 6. The appeal is dismissed”. 19. The Co-ordinate Bench in the case of DCIT vs. Amigo Securities Pvt. Ltd ITA Nos.1532 & 1533/Ahd/2009 also held in favour of the assessee that disallowance

KIFS SECURITIES LTD.,,AHMEDABAD vs. THE JT.CIT, RANGE- 3,, AHMEDABAD

In the result Ground No.9 of the revenue is allowed for