Held that the assessee   had furnished names, addresses, permanent account numbers and confirmation of the shareholders and copies of share certificate issued to them. The money was credited in the books of the assessee through the banking channels. The Assessing Officer and the Commissioner (Appeals) without considering these and making independent inquiry whatsoever held that the assessee failed to explain the nature and sources of credit of share capital. This was not justified. The assessee having provided necessary details, the onus shifted on the Department to carry out independent inquiry or investigation and bring contrary material, but the Assessing Officer failed to do so. Addition is deleted.(AY.2013-14)