S.P.A.M. Krishnan Chettiar And Son vs Income-Tax Settlement Commission And ... on 13 October, 1992
(a) In N. Krishnan v. Settlement Commission (IT & WT), [1989 SCC
OnLine Kar 87 : ILR 1990 Kar 404 : (1989) 180 ITR 585 : (1989) 80 CTR
15], the Karnataka High Court held as follows: