the assessee is a public limited companypany carrying on the business of general insurance.
appeal by special leave from the judgment dated the july 4 1961 of the madras high companyrt in case referred number 4 of 1957.
the facts relevant for answering the question are as follows.
v. viswanatha sastri r. venkataraman and r. gopala krishnan for the appellant.
civil appellate jurisdiction civil appeal number 816 of 1963.
the judgment of the companyrt was delivered by sikri j. this is an appeal by special leave against the judgment of the madras high companyrt in a case referred to it under the indian income tax act 1922 hereinafter referred to as the act answering the question of law against the assessee.
ganapathy lyer r. h. dhebar and r. n. sachthey for the respondent.
