Shri
Praveen Jain to providing accommodation entries and the amounts
recorded in the assessee's financial statements are also the same as
disclosed ... accommodation entry taken by the assessee, instrument number through which
such accommodation entry has been taken, specific date of obtaining the
accommodation entry, the financial
that M/s
Sarthak Securities (P) Ltd. had received bogus accommodation entries during the financial
year 2002-03 relevant to the asst ... According to the information received from the Director of IT (Inv.), the
accommodation entries are received as share application money or as unsecured
loan
further stated
in the reasons that these companies are indulged in providing
accommodation entries in lieu of cash obtained from the beneficiaries
and not doing ... Shri Praveen Jain to providing accommodation entries and
the amounts recorded in the assessee's financial statements are also
the same as disclosed
Ito, Jaipur vs Land Mark Dilsay P Ltd, Jaipur on 8 June, 2018
vk;dj
assessee is a beneficiary of accommodation entry
provided by Sh. Surendra Kumar Jain group during that financial year
i.e. 2009-10 relating ... assessee is a beneficiary of certain
accommodation entry provided by Sh. Surendra Kumar Jain group
during that financial year i.e. 2009-10 relating
that M/s
Sarthak Securities (P) Ltd. had received bogus accommodation entries during the financial
year 2002-03 relevant to the asst ... According to the information received from the Director of IT (Inv.), the
accommodation entries are received as share application money or as unsecured
loan
used by
Marg, S.K. Jain for providing
New Delhi-110002 accommodation entries as per the
PAN: AABCS6568B facts on record.
- Assessee has not produced ... statement dated 24.11.2011
has stated that he was engaged in
providing accommodation entries
through this company.
- Assessee has not produced the
director
Kolkata
High Court, shares of M/s Quest Financial Services Ltd. were allotted to
the assessee in lieu of shares in M/s Dristi Suppliers ... Financial Services Ltd. was a company
in which Shri Prakash Jajodia was a director and he was involved in the
racket of providing accommodation entries
year wise and disclosed before the
settlement commission is as under:
Financial year Assessment Year Amount ... application by way of service charges
earned by the applicant by providing accommodation entries for donations
received and refunding amounts after deducting such service charges
commission
payment of Rs. 7,05,890/- for obtaining accommodation entries of
transfer in and transfer out of losses and profits merely by
observing that assessee ... assessee were edited as many as 1354 times
during the relevant financial year clearly ruling out the possibility of
any genuine error
