was delivered by p. jaganmohan reddy j. s. hegde j. gave a dissenting opinion.
sen p. l. juneja b. d. sharma and r. n. sachthey for the respondents.
the majority opinion of p. jaganmohan reddy i. d. dua and r. khanna jj.
appeal by certificate from the judgment and order dated march 12 1968 of the madras high companyrt in tax case number 202 of 1962 reference number 5 of 1964 .
civil appellate jurisdiction civil appeals number.
t. desai and t. a. ramachandran for the appellant.
1840 and 1842 of 1972.
s. k. sastri and m. s. narasimhan for the intervener.
