object clause
to suggest that its primary object is providing financial accommodation
to its members for agricultural purposes or for purposes connected with
agricultural activities ... society' (PACS). The only object which enables it to provide
financial accommodation is its object clause 2(a). The same only
specifies the assets
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 ... 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
person controlling person who looks
after day-to-day financial affairs and accommodation entry business of
Banka Group. During the course of post search verification ... person (controlling person) who looks after day-to-day
financial affairs and accommodation entry business of Banka Group.
ii) During the course of post search
whose primary object is
to provide financial accommodation to its members who are all other cooperative
societies and not member of the public. Thus ... operative society whose primary object is to provide financial
accommodation to its members who are all other co-operative societies and not
members
receipt of rent, purchase
and sale of goods as also temporary financial
accommodation. For the sake of convenience these
transactions are recorded in separate accounts
primary object or principal business of which is to
provide financial accommodation to its members for a agricultural
purposes or for purposes connected with agricultural ... observed that the primary object of the
assessee is to provide financial accommodation to its members for
agricultural purposes or purposes connected with agricultural activities
sister concerns on current account as a temporary financial accommodation and no
interest is charged on debit or on credit balances granted or received
person of alleged companies, who looks after day to day
financial affairs and provides accommodation entry to various beneficiaries.
During the course of post search ... were identified who had obtained accommodation entries in the nature of
bogus unsecured loans or in other forms.
1.2 Financial Analysis of Paper/Shell Companies
person of alleged companies, who looks after day to day
financial affairs and provides accommodation entry to various beneficiaries.
During the course of post search ... were identified who had obtained accommodation entries in the nature of
bogus unsecured loans or in other forms.
1.2 Financial Analysis of Paper/Shell Companies
person of alleged companies, who looks after day to day
financial affairs and provides accommodation entry to various beneficiaries.
During the course of post search ... were identified who had obtained accommodation entries in the nature of
bogus unsecured loans or in other forms.
1.2 Financial Analysis of Paper/Shell Companies
