K.C. Sood, J.—This appeal arises out of the judgment and decree passed by the learned Single Judge of this Court dated November 22, 2001, whereby the suit of the plaintiff has been decreed for Rs. 10,93,425/- along with interest of Rs. 1,64,012/- at the rate of 9% per annum and also future interest at the rate of 9% per annum on the principal amount from 10.12.1999 i.e. the date of the filing of the suit till the realisation of the decretal amount. THE FACTS

2. Appellant, H.P State Forest Corporation, hereinafter referred to as the "defendant Corporation", is a Government Company constituted under the Companies Act, 1956. The Corporation is subjected to statutory audit and income tax. The respondent, M/s. S. Butail and Company, hereinafter referred to as the "plaintiff Company", is a Chartered Accountant Company. The Company renders professional services in audit, accounts taxation and other allied matters.

3. It appears, when the assessment of the defendant Corporation for the year 1992-93 was completed, it was found that assessable income of the defendant Corporation was much more than the declared income for this accounting year. Assessed income of the defendant Corporati