Wednesday, October 3, 2018

Merely publication of deceptive adverts could not raise any competition issue: CCI

Competition Act : Where informant was aggrieved by alleged publication of false and misleading advertisements by OP which would impact number of students who could join informant's institute but he had not impleaded any second party with whom OP could be said to have arrived at consensus ad idem in order to enter into an anti-competitive agreement, not anti-competitive

from www.taxmann.com Latest Case Laws https://ift.tt/2DTxXj8

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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...