TMI Blog2011 (7) TMI 1218X X X X Extracts X X X X X X X X Extracts X X X X ..... nst separate orders of CIT (A)-VII, Hyderabad, on the orders of the assessing officer passed under section 143(3) of the Act for the assessment year 2004-05 and 2008-09 and also on the order of the assessing officer passed under section 143(3) read with section 153A of the Act pertaining to the assessment year 2004-05. Since common issues are involved in all these three appeals, these are taken up ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd that may be raised at the time of hearing. 2. At the outset, we find that the common issue involved in these appeals is covered by the decision of co-ordinate bench of this Tribunal in the case of the, sister concern of the assessee, ACIT vs. M/s. Bhoorathnam Company, Secunderabad passed in ITA No.1671/Hyd/2010 for assessment year 2004-05 dated 3-6-2011, to which one of us was a party t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he grounds raised by the Revenue are devoid of merit and the same are dismissed. Respectfully following the above and the facts and the circumstances of both these cases are quite similar and identical, we uphold the findings of the CIT (A) for the years under consideration and reject the grounds raised by the Revenue in these appeals. 3. In the result, all the appeals filed by the Revenue ..... X X X X Extracts X X X X X X X X Extracts X X X X
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