Chartered Accountant accused of forgery and misappropriation of fund by advising investment in a particular firm gets bail  In a recent judgment, Hon’ble Allahabad High Court granted bail to a Varanasi based Chartered Accountant who was accused of forgery and misappropriation of fund by advising investment in a …

Purchase of software had a nexus with generation of profits, therefore purchaser was not a consumer under Consumer Protection Act – SC In a recent judgment, Hon’ble Supreme Court had held that the transaction of purchase of software by the company had a nexus with generation of profits …

Termination upheld of Postmaster who embezzled deposit money by mere stamping passbooks of account holders. In a recent judgment, Hon’ble Supreme Court has upheld termination of an employee of post office who embezzled money of depositor by mere stamping passbooks of account holders with the receipt of the …

Supreme Court stays DGGI order on the issue of bar on two parallel GST proceedings in terms of Section 6(2)(b) of GST Act In a recent order, Hon’ble Supreme Court admitted SLP against the judgment of the Bombay High Court which held that law laid down by Supreme …

Assessee could not said to indulged in penny stock sale on human probabilities without showing his involvement – ITAT deleted addition under section 68 In a recent judgment ITAT Delhi deleted addition observing that applied the concept of Human probabilities and held the above said scrips to be …

Before staying CESTAT order the High Court should have framed the substantial questions of law and thereafter could have passed the stay order. In a recent judgment, Hon’ble Supreme Court has held that before staying order of CESTAT the correct course to be followed by the High Court …