Held that that the assessee filed, in respect of all six creditors, confirmations, copies of the Income-tax returns, computations of total income showing complete details, and bank statements. All the creditors were regular assessees. The credits in all cases were received through banking channels. The source in the hands of those six parties was also verifiable being the receipts on account of the credits in their respective bank accounts through the transfer entries received from other parties. The initial burden had been discharged by the assessee in respect of the identity of investors and their existence. The burden had shifted to the Revenue to prove otherwise. Order of CIT(A) deleting the addition is affirmed.  (AY. 2015-16)