1964 (3) TMI 15 - SUPREME COURT

Whether the income received by the appellant is the income of the State of Andhra Pradesh within the meaning of article 289(1)?

Held that:- The High Court was right in rejecting the argument that by virtue of the repugnancy between the material provisions of the Act and the charging section of the Income-tax Act, it should be held that the appellant was not liable to pay tax on its income. Appeals dismissed.