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Orient Distributors vs Bank Of India Ltd. And Ors. on 19 January, 1979

"26. Relying on the decisions of this Court in Bejoy Gopal Mukherji v. Pratul Chandra Ghose and Orient Distributors v. Bank of India Ltd. Shri Iyer, learned Senior Counsel contended that issue relating to the propriety of legal conclusion that could be drawn on basis of proved facts gives rise to a question of law and, therefore, the High Court is justified in interfering in the matter since the authorities below failed to draw a proper and logical inference from the proved facts. We are unable to persuade ourselves to accept the submission. The findings of fact arrived at by the authorities below are based on proper appreciation of the facts and the material available on record and surrounding circumstances. The doubtful nature of the transaction and the manner in which the sums were found credited in the books of accounts maintained by the assessee have been duly taken into consideration by the authorities below. The transactions though apparent were held to be not real ones. May be the money came by way of bank cheques and paid through the process of banking transaction but that itself is of no consequence."
Supreme Court of India Cites 0 - Cited by 27 - V D Tulzapurkar - Full Document

Bejoy Gopal Mukherji vs Pratul Chandra Ghose on 28 January, 1953

"26. Relying on the decisions of this Court in Bejoy Gopal Mukherji v. Pratul Chandra Ghose and Orient Distributors v. Bank of India Ltd. Shri Iyer, learned Senior Counsel contended that issue relating to the propriety of legal conclusion that could be drawn on basis of proved facts gives rise to a question of law and, therefore, the High Court is justified in interfering in the matter since the authorities below failed to draw a proper and logical inference from the proved facts. We are unable to persuade ourselves to accept the submission. The findings of fact arrived at by the authorities below are based on proper appreciation of the facts and the material available on record and surrounding circumstances. The doubtful nature of the transaction and the manner in which the sums were found credited in the books of accounts maintained by the assessee have been duly taken into consideration by the authorities below. The transactions though apparent were held to be not real ones. May be the money came by way of bank cheques and paid through the process of banking transaction but that itself is of no consequence."
Supreme Court of India Cites 3 - Cited by 37 - Full Document
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