Principal Commissioner Of Income Tax -1 v. Y. R. Ramana

HON'BLE SRI JUSTICE C.V.NAGARJUNA REDDY AND HON'BLE SRI JUSTICE T.AMARNATH GOUD ITTA.No.751 of 2017 Date:05.12.2017 Between:

Principal Commissioner of Income Tax-I, Visakhapatnam.

.....Appellant And:

Y.V.Ramana, Visakhapatnam.

.....Respondent Counsel for the appellant: Mr. K.Raji Reddy Senior Standing Counsel for Income Tax Department The Court made the following:

CVNR, J & TA, J ITTA.No.751 of 2017 Dated:05.12.2017 ORDER: (per Hon'ble Sri Justice C.V.Nagarjuna Reddy) This appeal by the Revenue is filed against common order, dated 09.12.2016, to the extent it pertains to ITA.No.177/Vizag/2015 on the file of the Income Tax Appellate Tribunal, Visakhapatnam Bench, Visakhapatnam (for short 'the Tribunal').

At the hearing, Mr. K.Raji Reddy, learned Senior Standing Counsel for the Income Tax Department, has fairly conceded that ITTA.No.742 of 2017 filed by the Revenue against the same common order in ITA.No.178/Vizag/2015 was dismissed by this Court by order, dated 29.11.2017. He further admitted that the issues decided by the Tribunal are common in both the appeals. As ITTA.No.742 of 2017 arising out of common order, dated 09.12.2016, in ITA.No.178/Vizag/2015 was already dismissed, for the same reasons, this appeal is also dismissed with the direction that the reasons contained therein shall form part of this order.

__________________________ JUSTICE C.V.NAGARJUNA REDDY _______________________ JUSTICE T.AMARNATH GOUD 05th December 2017 DR