THE HON’BLE THE CHIEF JUSTICE SHRI MADAN B. LOKUR AND THE HON’BLE SHRI JUSTICE SANJAY KUMAR I.T.T.A. No.312 OF 2011 DATED:03-12-2011 Between: Andhra Pradesh Fibres Ltd. … Appellant And Additional Commissioner of Income Tax, Visakhapatnam. … Respondent THE HON’BLE THE CHIEF JUSTICE SHRI MADAN B. LOKUR AND THE HON’BLE SHRI JUSTICE SANJAY KUMAR I.T.T.A. No.312 OF 2011 JUDGMENT: (per the Hon’ble the Chief Justice Shri Madan B. Lokur) 1. Learned counsel for the assessee frankly states that a similar appeal being, I.T.T.A. No. 370 of 2011 was dismissed by a Division Bench of this Court on 15.11.2011 holding that no substantial question of law arises on the issue whether the payment of insurance premium made by the assessee- company for the key man is a business expenditure. 2. Following the order passed in the aforesaid case, this appeal is also dismissed. MADAN B. LOKUR, CJ SANJAY KUMAR, J 03-12-2011 pnb