Tuesday, November 20, 2018

Acquisition scheme of '21 century Fox' was to be approved as it would not have any adverse effect on CCI

Competition Act: Where both parties were large media and entertainment companies and their proposed combination would not likely to have an appreciable adverse effect on competition in India, same was to be approved

from www.taxmann.com Latest Case Laws https://ift.tt/2Fz41cN

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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...