Dismissing the appeal of the Revenue the Tribunal held that share application money was paid through account payee cheques and share applicants provided details of their bank statements when notice under section 133(6) were issued to them by Assessing Officer. The   Assessing Officer could not find any cash deposits in share applicant’s bank accounts prior to issue of cheques to assessee-company. Since all basic relevant documents were filed to prove identity, creditworthiness and genuineness of transactions entered into with share applicants, additions are not valid. (AY. 2012-13)