Canara Industrial And Banking ... vs Commissioner Of Income-Tax, Mysore on 6 March, 1962
Reliance was also placed by the Supreme Court in the said decision on the case of CIT v. Rathinasabapathy Mudaliar [1964] 51 ITR 204 (Mad) and on the case of Canara Industrial and Banking Syndicate Ltd. v. CIT [1964] 51 ITR 479 (Mys).