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Abcaus

Termination Postmaster embezzled money

Termination upheld of Postmaster who embezzled money by mere stamping passbooks

administrator November 13, 2025 post office, Supreme Court
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 …
abcaus.in Supreme Court judgment

Supreme Court stays DGGI order on the issue of two parallel GST proceedings

administrator November 13, 2025 GST, Supreme Court
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 …
penny stock

Assessee can’t be said to indulged in penny stock sale without showing his involvement

administrator November 13, 2025 Income Tax, ITAT
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 …
abcaus.in supreme court judgment

Before staying CESTAT order High Court should have framed substantial questions of law – SC

administrator November 12, 2025 Excise/Custom, Supreme Court
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 …
CA issuing Form 15CB

CA issuing Form 15CB not required check genuineness of documents submitted

administrator November 12, 2025 CA CS CMA, Enforcement Directorate, Supreme Court
Chartered Accountant issuing Form 15CB not required check genuineness or otherwise of documents submitted by his clients – Supreme Court dismissed SLP In A recent judgment, Hon’ble Supreme Court has dismissed SLP against the judgment of Madras High Court which held that Chartered Accountant issuing Form 15CB is …
ITC evasion case bail

Ongoing investigation qua absconding person, no ground to deny bail to arrested person

administrator November 12, 2025 GST, High Courts
Ongoing investigation qua absconding person, cannot be a ground to deny bail to person against whom the investigations have been completed and the Complaint filed in the Court. In a recent judgment, Delhi High Court has granted bail to the accused of GST evasion holding that ongoing investigation …

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