https://www.taxtmi.com/caselaws?id=10892 HC upheld the Tribunal's acceptance of cash credits on the basis of creditors' identity alone, finding the assessee satisfactorily explained the entries and discharged the burden of proof. The Department failed to produce evidence to rebut those explanations. The court held no substantial question of law arose and dismissed the Revenue's appeal. en-us Wed, 05 Feb 2003 00:00:00 +0530 Mon, 29 Sep 2025 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10892 HC upheld the Tribunal's acceptance of cash credits on the basis of creditors' identity alone, finding the assessee satisfactorily explained the entries and discharged the burden of proof. The Department failed to produce evidence to rebut those explanations. The court held no substantial question of law arose and dismissed the Revenue's appeal. Case-Laws Income Tax Wed, 05 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10892