Wednesday, July 31, 2019

Refusal by railways to refund ticket amount due to delay in cancellation of tickets wasn't anti-competitive: CCI

COMPETITION LAW: Where railways refused to refund train booking amount as informant failed to cancel train tickets four hours before schedule departure of train, in face of existence of statutory rules to deal with issue raised by informant, no anti-competitive conduct could be alleged in instant case, warranting an investigation into matter

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

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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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