first appeal dated 21.04.2019:-
(i) "Whether any loan/financial accommodation has been availed for by M/s
Precision Engineers and Fabricators Pvt. Ltd. from ... date(s) execution of such
document.
(ii) If any loan/financial accommodation by M/s Precision Engineers and
Fabricators Pvt. Ltd., kindly indicate the amount
dated 13.03.2019 and first appeal dated 21.04.2019:-
(i) Whether any loan/financial accommodation has been availed for by M/s
Precision Engineers and Fabricators ... date(s) execution of such
document.
(ii) If any loan/financial accommodation by M/s Precision Engineers and
Fabricators Pvt. Ltd., kindly indicate the amount
petitioner is engaged, inter
alia, in the business of providing financial accommodation. It is alleged that the
respondent was in dire need of funds ... approached the petitioner for financial
accommodation. Pursuant to negotiations, the petitioner advanced a sum of
Rs.65 lakhs to the respondent. The funds were transferred
petitioner is engaged, inter
alia, in the business of providing financial accommodation. It is alleged that the
respondent was in dire need of funds ... approached the petitioner for financial
accommodation. Pursuant to negotiations, the petitioner advanced a sum of
Rs.3.35 crores to the respondent. The funds were
flat
buyer may independently approach any bank or financial institution
for loan or financial accommodation, Amrapali Group of Companies
had advertised that an arrangement ... this Scheme, an arrangement was contemplated,
whereunder the bank would extend financial accommodation for the
benefit of buyer but the money would be directly paid
case had entered into an agreement dated
May 29, 2018 for financial accommodation. In terms of the said
agreement, the petitioner lent and advanced ... partner of the Second Party regarding this Financial Accommodation the
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same shall be referred to a sole arbitrator, and the award of such
Arbitrator
Primary object or principal business of which is to
provide financial accommodation to its members for agricultural
purposes or for purposes connected with agricultural activities ... Hence, the primary object of the assessee
society is not providing financial accommodation (to its
Members) for agricultural purposes but only financing the
primary land
assessee-society is to accept the deposits and
to provide financial accommodation to the members of the
Society. During the assessment year under consideration ... operative society, the primary object of which is
to provide financial accommodation to its
members for agricultural purposes or for
purposes connected with agricultural activities
commission as well as prove the transaction to be a
financial accommodation transaction. No such attempt has been made by the
assessee at any stage ... three
individuals who had admitted running a racket of providing financial
accommodation entries at a commission @ 0.15% to 0.2%. The assessee is a part
funds by a nonbanking financial
company or a class of nonbanking financial companies or
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nonbanking financial companies generally, as the case ... banking financial companies generally or to a class of
non banking financial companies or to any nonbanking
financial company in particular
