The assessee furnished complete details of shareholders and creditors including identity, cash-flow statements, bank statements and other supporting documents. The Tribunal held that the Assessing Officer failed to establish any nexus between the cash deposits and the assessee-company or make any meaningful enquiry regarding the source of funds. Since the assessee had discharged the initial burden of proving the identity, creditworthiness and genuineness of the transactions, the additions under section 68 were deleted. (AY. 2013-14).