2011 (11) TMI 859

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....i Respondent by: Shri B. Satyanarayana Murthy ORDER PER CHANDRA POOJARI, AM: These two appeals by the Revenue are directed against the different orders of the CIT(A)-IV, Hyderabad dated 15.09.2010 for the assessment years 2007-08 and 2003-04. Since common grounds are involved in both these appeals, the same were heard together and are being disposed of by this common order for the sake....

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.... the effect that the dividends be declared as per the Board's resolution. 3. After hearing both the parties, we are of the opinion that similar issue was considered by this Tribunal in assessee's own case for A.Y. 2005-06 in I.T.A. No. 1457/Hyd/2008 vide order dated 18.12.2008 and for the A.Y. 2006-07 in I.T.A. No. 850/Hyd/2009 vide order dated 9th July, 2010 and the Tribunal held that the ....