1986 (11) TMI 131

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.... as a deposit from Shri R.N. Rathi and Smt. Rani Devi as unexplained. The plea of the assessee before us that Shri R.N. Rathi had given the amount to the assessee by means of cheque drawn in Central Bank of India on 26th Dec., 1980 and the amount was paid back also by cheque. The affidavit of the creditor was filed in which he had mentioned that a sum of Rs. 15,000 was taken by him by means of a l....