Friday, September 7, 2018

Modification of pre-qualification criteria for bidder doesn't tantamount to abusive Act: CCI

Competition Act: Where Tamil Nadu Civil Supplies Corporation being under an obligation to frame eligibility conditions for tender no prima facie case of contravention of provision of section 4 was made out against them in modifying pre-qualifications criteria for bidders in tender process for procurement of eggs, turdal/Canadian yellow lentil and palmolein oil, matter was to be dismissed

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

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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...