Wednesday, July 25, 2018

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

Competition Act: Where top builders like Ace GP, Unitech, Omaxe had maximum number of projects in relevant market of development and sale of residential apartments/flats in Noida and Greater Noida, OP-1 having only 5-6 residential projects there, could not be said to be dominant

from www.taxmann.com Latest Case Laws https://ift.tt/2A8OBcp

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

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...