Overdraft - Judgment Search Results

Graves Vs. United States

Court: US Supreme Court

..... charges of making false entries under the two heads of overdrafts and loans and discounts in the returns dated respectively august ..... called to the witness stand he testified substantially as follows certain overdrafts were classified and were put in the reports as loans ..... and permission asked to overdraw in other accounts treated as overdrafts were those where the person drew his check in advance .....

Sailendra Nath Mitter and anr. Vs. Emperor

Court: Kolkata

Reported in: AIR1944Cal92

..... pass a cheque if he finds that it involves an overdraft if an overdraft has been arranged and the debit is within the advance ..... the bank a banker s lien upon them for the overdrafts until the overdrafts were satisfied either pro tanto or completely mitter was not ..... contained the securities which had been recorded as deposited against the overdrafts again on 14th june amin wrote a letter to messrs .....

Malwa Cotton Spinning Mills Vs. Asstt. Cit

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2004)83TTJ(Chd.)72

..... of the relevant period was deposited in the said overdraft account as overdraft account had a debit balance of rs 1 39 ..... profit of rs 27 lakhs stood physically withdrawn from the overdraft account on apparent consideration of entries in account the assessing ..... the appellate authorities held that taxes were paid out of overdraft funds and disallowed proportionate interest payable to the bank the .....

Malwa Cotton Spinning Mills Vs. Asstt. Commissioner of

Court: Income Tax Appellate Tribunal ITAT Chandigarh

Reported in: (2004)89ITD65(Chd.)

..... lacs of the relevant period was deposited in the said overdraft account as overdraft account had a debit balance of rs 1 39 ..... the profit of rs 27 lacs stood physically withdrawn from the overdraft account on apparent consideration of entries in account the ao ..... also the appellate authorities held that taxes were paid out of overdraft funds and disallowed proportionate interest payable to the bank the .....

Motor and General Finance Ltd. Vs. Dcit, Spl. Range-16

Court: Income Tax Appellate Tribunal ITAT Delhi

Reported in: (2004)90ITD449(Delhi)

..... in this year according to him when there was a combined overdraft account in which borrowed funds and profits are pumped the ..... up to whether the entire profits had been pumped into the overdraft account whether such profits were more than the tax amount paid ..... the admitted facts are that the appellant firm has been enjoying overdraft facilities from the stat e bank of india chandni chowk delhi .....

Brahma Shum Shere Jung Bahadur and anr. Vs. Chartered Bank of India, A ...

Court: Kolkata

Reported in: AIR1956Cal399

..... various shares and securities belonging to the plaintiffs against the said overdraft account but prior to july 1946 these shares and securities ..... be deposited when necessary to cover the extent of the overdraft this was the nature of the arrangement 40 issue no ..... upon receipt of further shares the application for this increased overdraft would receive the prompt and immediate attention of the bank .....

Office of Fair Trading (Oft) Vs. Abbey National Plc and ors

Court: UK Supreme Court

..... consideration received by the bank consists of interest and charges on authorised and unauthorised overdrafts and specific charges for particular non routine services such as expedited or foreign money ..... the application of regulation 6 2 properly construed to the facts charges for unauthorised overdrafts are monetary consideration for the package of banking services supplied to personal current .....

Quek Hung Heong Vs. Tan Bee Hoon

Court: Singapore Supreme Court

..... the property in 1966 but to freeing his residence from an encumbrance repayments of the overdraft 112 the plaintiff has serious evidential difficulties in establishing his claim that he was solely ..... responsible for repaying the overdraft in relation to the payments made between november 1968 and november 1970 see 38 above .....

Woolcombers of India Ltd. Vs. Commissioner of Income-tax (Central)

Court: Kolkata

Reported in: (1981)23CTR(Cal)204,[1982]134ITR219(Cal)

..... advance tax was met out of business profits and not out of the company s overdraft account the learned counsel further arguedthat the bank account was continuously operated for all financial ..... tax the appellant had no adequate cash surplus and the company had resorted to the overdraft specifically for this purpose therefore the ito was quite justified in disallowing proportionate interest the .....

Pramod S. Talwalkar (Huf) Vs. Assistant Commissioner of

Court: Income Tax Appellate Tribunal ITAT Pune

Reported in: (2000)75ITD492(Pune.)

..... since such advances were given without interest out of the overdraft account with the bank in response to this show cause ..... assessee that the assessee having deposited the entire profits in the overdraft account and the amount thus deposited being much more than ..... depend upon whether the entire profits had been pumped into the overdraft account whether such profits were more than the tax amount .....