Friday, July 20, 2018

No abuse of dominance by OP-company due to presence of other players in market: CCI

Competition Act: Where OP-wealth management firm procured services of informant to manage financial affairs of its clients and apart from OP there were numerous wealth management firms in relevant market which procured similar services offered by informant, OP could not be said to be dominant in relevant market as a procurer or consumer of such professional services

from www.taxmann.com Latest Case Laws https://ift.tt/2mwJuZS

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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