Overdraft - Judgment Search Results

Mysore Electrical Industries Ltd. Vs. Commissioner of Surtax

Court: Karnataka

Reported in: [1971]80ITR571(KAR); [1971]80ITR571(Karn)

..... in respect of transactions relating to loans and advances loans and mortgages cash credit or overdraft bonds agreements of pawn or pledge and letters of hypothecation executed by farmers for agricultural .....

Gowra Subraya Setty and Sons Vs. Yellamma Cotton Woollen and Silk Mill ...

Court: Karnataka

Reported in: [1970]40CompCas466(Kar)

..... in respect of transactions relating to loans and advances loans and mortgages cash credit or overdraft bonds agreements of pawn or pledge and letters of hypothecation executed by farmers for agricultural .....

israel Vs. Gale

Court: US Supreme Court

..... of the discount the debit to the account of robinson by way of overdraft is fixed by the cashier at 35 400 and by the bookkeeper ..... and there was a deposit made of 33 000 to make the overdraft good these were to take up the items that came through the ..... there was a debit to the account resulting from an overdraft nearly the sum of the overdraft was covered by items of credit irrespective of the note .....

S.S.A. Gangamirthammal and Co. Vs. Commissioner of Income-tax

Court: Chennai

Reported in: [1969]74ITR473(Mad)

..... know the state of affairs of the bank account and whether an overdraft has been granted by the bank or not there is however ..... evidence on record to show that such overdraft was granted and who the bankers were but the tribunal taking portions ..... the absence of knowledge of what a bank account and what an overdraft account mean is an indicia of the non genuineness of a partnership .....

Commissioner of Income-tax, West Bengal I Vs. East Coast Commercial Co ...

Court: Kolkata

Reported in: [1970]75ITR8(Cal)

..... lay frozen because they were with the bank for the purpose of overdraft facilities the income tax officer has referred to the fact that even ..... lay frozen by having a bulk of it deposited to secure an overdraft account from the bank mr sen drew our attention to the ..... sense that they were deposited with the bank for the purpose of overdraft it has been urged before us that the application before the .....

Commissioner of Income-tax Vs. Shalimar Works Ltd.

Court: Kolkata

Reported in: [1971]79ITR21(Cal)

..... of india for safe custody and subsequently on the security of the bonds obtained an overdraft of rs 33 000 the income tax authorities considered that there was a remittance of ..... into capital the fact that the assessee had deposited the bonds as security for an overdraft did not change their character in these circumstances their lordships of the madras high court .....

Corinthian Securities Ltd. Vs. Cato and Another.

Court: Kolkata

Reported in: [1970]75ITR584(Cal)

..... the material time any authority to issue r 62 certificates to get back tax on overdraft the revenue authorities did not give it to them until december 23 1968 which is ..... look at the realities of this transaction the plaintiffs were not bankers giving a client overdraft facilities they were lenders making a loan on a mortgage of property even assuming that .....

Chunilal Murarka Vs. Commissioner of Income-tax

Court: Kolkata

Reported in: [1970]76ITR49(Cal)

..... that the income tax officer in his order has found that the assessee took certain overdrafts in calcutta on the security of those very fixed deposits in the part b state .....

isha Beevi and ors. Vs. Tax Recovery Officer and ors.

Court: Kerala

Reported in: [1971]80ITR82(Ker)

..... of kerala for 20 lakhs of rupees in consideration of the state government guaranteeing an overdraft accommodation for the amount by the central bank of india in order to enable him .....

M.R. Dhawan Vs. Madan Mohan and ors.

Court: Delhi

Reported in: AIR1969Delhi313; ILR1969Delhi405

..... under the name of new shares corporation 3 this firm new shares corporation had an overdraft account with the hindustan commercial bank ltd respondent no 5 as a security in the .....