Friday, August 17, 2018

No abuse of dominance by OP by putting restriction on organizers for conducting marathons: CCI

Competition Act: Where OP, Athletics Federation of India (AFI) in its AGM decided to take action against officials/athletes who encouraged unauthorized marathons without taking its permission but minutes of said meeting were not adopted and approved, minutes of AGM did not contain anything which could be said to be abusive, and, therefore, no case of contravention of any provisions of section 4 was made out against OP

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

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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...