Thursday, December 6, 2018

SC dismissed plea of Jio & CCI seeking probe against Idea, Airtel and Vodafone

CCI : Where Reliance Jio had filed an information alleging anti-competitive agreement/cartel having been formed by three major telecom operators, namely Idea, Airtel and Vodafone and allegations, in effect, pertained to violations of Interconnect Agreements and obligations under TRAI Regulations by these three operators against Jio, which fell with specialized domain of TRAI(Telecom Regulatory Authority of India),

from www.taxmann.com Latest Case Laws https://ift.tt/2BUfyj6

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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...