Friday, December 14, 2018

CCI can form prima facie view without taking evidence under Competition Act

Competition Act: It is not incumbent upon CCI to first take evidence under section 36(2) or regulation 41 before forming a prima facie view, which it is required to form in terms of section 26

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

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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...