1996 INSC 0464
SUPREME COURT OF INDIA

State Bank of Travancore

Vs.
Kayamkulam Municipal Council

C.A.Nos.2820, 2898-2900 and 2901-03 of 1979 and 175 of 1981

                             (B.P.Jeevan Reddy Reddy and S.Saghir Ahmad JJ.)

12.03.1996

                                                       ORDER

The Text below is only a summarized version of the order pronounced
Dispute was whether Bank of Travancore was company under Travancore District Municipalities
Act and governed by proviso to Rule 16. Supreme Court observed that appellant bank was not
company within meaning of Act and was liable to pay tax as person. Further held that bank not
liable to pay professional tax at higher rate prescribed in Proviso to Rule 16.