2006 (10) TMI 457

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....rder / Decisions)<br>Dated:- 30-10-2006<br>IT APPEAL NO. 2 OF 2001 - -<br>Income Tax<br>C.N. Ramachandran Nair, And K.M. Joseph, JJ. For the Applicant : P. Balachandran For the Respondent : P.K.....

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.... was the entry disowned by the creditor. Appellant's case is that creditor is deliberately disowning the transaction. We are unable to accept this contention because once creditor disowns the transact....