Sirs,
A pvt. ltd. company having 5 directors, wherein 2 directors where in charge of day to day affairs of the company. These 2 directors made several unregistered purchases (bogus/fake purchases) also to be noted that the company's from which they made these purchases were also their own/individual companies. Now Sale tax raided the company and the scam was out. Sales Tax obtained PDC (post-dated cheques) from the company, which later got dishonored (cheques signed by above 2 delinquent directors only).
Now the other 3 directors (residing in another city and unaware of the above) came to know about this when they received 138 notice by sales tax.
under the above circumstances how can the other 3 directors prove their innocence? what are the legal measures that may be taken by them?
Your kind attention in the matter is requested.
Thanks.
