2010 (12) TMI 1236

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....DER R. S. Syal (Accountant Member) This appeal by the assessee arises out of the order passed by the Commissioner of Income-tax (Appeals) on 09.02.2009 in relation to the assessment year 2004-2005. 2. The only issue in this appeal is against the confirmation of disallowance made by the Assessing Officer u/s.14A. The assessee is engaged in trading in shares and debentures and venture capit....