Friday, October 4, 2019

Restriction on players by volleyball federation of India was to be investigated by DG for abuse of dominance: CCI

COMPETITION LAW: Where Volleyball Federation of India (VFI) had entered into an arrangement with Baseline, thereby granting exclusive rights to said company to hold a Volleyball League and simultaneously placing restrictions on players from participating in other national international events, DG was to be directed to examine this conduct of VFI through an investigation, to determine whether same resulted in violation of provisions of section 4

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

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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...