https://www.taxtmi.com/caselaws?id=67345 The appeal was partially allowed in the case, with the deletion of the addition of Rs. 10,000 based on the genuineness of the transaction with one individual. However, the addition of Rs. 5,000 in the name of the other individual was confirmed due to the lack of evidence and explanations provided. The court noted the failure to prove the identity and capacity of the creditors, leading to the confirmation of one addition and the deletion of the other. en-us Mon, 15 Feb 1982 00:00:00 +0530 Thu, 10 Mar 2011 11:40:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67345 The appeal was partially allowed in the case, with the deletion of the addition of Rs. 10,000 based on the genuineness of the transaction with one individual. However, the addition of Rs. 5,000 in the name of the other individual was confirmed due to the lack of evidence and explanations provided. The court noted the failure to prove the identity and capacity of the creditors, leading to the confirmation of one addition and the deletion of the other. Case-Laws Income Tax Mon, 15 Feb 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67345