https://www.taxtmi.com/caselaws?id=171458 A credit entry in regular books standing in the name of a third party is prima facie attributable to that person, and the assessee is not required to prove the source of the third party's funds merely because of the relationship with the depositor. Section 106 of the Evidence Act was held inapplicable on these facts, since the department had to produce material showing that the apparent third-party deposit was not genuine or really belonged to the assessee. An unrelated similar deposit by another partner's wife had no probative value. The reference was answered in favour of the assessee. en-us Tue, 30 Mar 1965 00:00:00 +0530 Tue, 21 Jul 2015 11:07:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171458 A credit entry in regular books standing in the name of a third party is prima facie attributable to that person, and the assessee is not required to prove the source of the third party's funds merely because of the relationship with the depositor. Section 106 of the Evidence Act was held inapplicable on these facts, since the department had to produce material showing that the apparent third-party deposit was not genuine or really belonged to the assessee. An unrelated similar deposit by another partner's wife had no probative value. The reference was answered in favour of the assessee. Case-Laws Income Tax Tue, 30 Mar 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171458