dummy director of the
above said companies. He also submitted that other directors of the Cyprus
based companies are also dummy directors and those companies ... Sanjeev Kumar and Shri Anupam
have confirmed that they were only dummy directors in the
advertisement agency companies. In the cross verification also, Shri
Sanjeev
question no. 5.
Sir, beside myself, all others are the dummy directors. They all
are working as per my instructions. I am the main person ... director/proprietor.
Q.12. Please state what is your exact role as a proprietor/director in those above
mentioned concerns.
Ans. Being a Dummy director
Manisha Dokania (01077857)
and Mr.Sumit Kumar Dokania (DIN 00725225) are dummy directors. They
use to sign cheques/papers on my instructions.
Q.11. Please ... Directors in Kailash Auto Finance Limited. However, they are only dummy
directors and company is controlled and managed by me.
Q. 14. It is seen
formed with
19
ITA Nos.1812, 1813 & 6709/Del/2017
dummy directors and a common registered office. This part of the statement
corroborates ... room. Shri Rajendra Bubna further stated that the role of
such dummy directors was limited to signing the statutory and other
documents whenever directed against
correct to say that he
was supplying any dummy directors to Shrish Chandrakant Shah.
In fact Shrish Chandrakant Shah was providing data hub services ... allegation of the assessing officer regarding
appointment of dummy directors, the appellate authority held the
following :-
"The appellant company had argued without
prejudice
share application money was
received and that he was just a dummy Director in the co mpany and
used to do the needful ... been using Sh. Sa mpat Sharma and Smt.
Kavita Sharma as dummy directors in the above two companies
which were the associated companies of this
prepared/complied on the
basis of statement of many entry operators/dummy directors
recorded during various search & seizure operation/survey
operations/investigations/inquiries ... prepared on the basis of
statements of maney entry operators or dummy Directors
which were recorded during various search and seizure
operation/survey operations/investigations
loans etc. as admitted in their statement by the main
controller/dummy directors of these companies. The directors
Page 4 of 12
C/SCA/22827 ... DDIT (Inv) Unit II(3) Kolkata that they are
dummy directors of the companies and receiving remuneration
Bhanwarlal Jain, meaning thereby all the lender companies are filled
with dummy directors. All these factors strengthen the admission made
by Shri Bhanwarlal Jain that ... also the existence of
dummy/benami entities, through which the said racket was being
run.
f. Dummy Directors / Partners / Proprietors had also admitted to
being
Aggarwal etc. who are engaged in providing
accommodation entries through dummy companies with dummy
directors. The ld. AR submitted that in the table given
