Dismissing the appeal of the revenue the Court held that , the assessee has proved, identity , genuineness  of  transaction, creditworthiness  of the share application money and share premium hence deletion of addition by the Tribunal is held to be justified . Addition cannot be made as cash credits . (ITA No 4607 /Mum/2012 AY. 2008 -09 dt 18 -10 2016) ITA No 991 of 2017 dt 4-11-2019 )