Wednesday, November 21, 2018

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

Competition Act: Where informant Association alleged that OP, trader and distributor of mobile handsets under brand name 'VIVO' had entered into a distributorship agreement with its members and clauses in said agreement were causing appreciable adverse effect on competition, but it failed to provide any evidence to prove its allegation, no contravention of provisions of section 3 was made out against OP1

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

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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...