THE PR.COMMISSIONER OF INCOME TAX vs. SRI KOUNDINYA EDUCATIONAL SOCIETY

Bench: C.PRAVEEN KUMAR,CHEEKATI MANAVENDRANATH ROY

152) In Kasturi Lal Laskhmi Reddy vs. State of Jammu and Kashmir65, the Supreme Court considered as to when a statute or State action can be declared as arbitrary and held that, unlike a private individual, the State cannot act as it pleases in the matter of giving largess. Though ordinarily a private individual would be guided by economic considerations