Wednesday, February 27, 2019

Snap deal failed to provide evidence against alleged imposition of minimum operating price by opposite party: CCI

Competition Act: Informant providing online distribution service to various distributors/dealers through its online portal, i.e., Snapdeal, alleged that OP attempted to impose a price restriction in form of Minimum Operating Price on its website to make sales at a minimum price, but, evidence did not reveal existence of any price restriction and other dealers/distributors denied any such imposition, no contravention of provisions of section 3 was made out against OP

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

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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