1984 (7) TMI 230

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....lowance of interest on cash credits. 2. The CIT has found that the assessee had discharged the burden of proving the identity of the creditors and their credit worthiness since the assessee had filed the passports of the creditors who are all non-residents and whose income had also been assessed in India. He found that the advances were given by them to the assessee by cheques on non-resident (ex....