Thursday, February 13, 2020

CCI dismisses complaint of charging higher amount for international calls against Voda and other telecoms

COMPETITION LAW : Where informant, an international telecom carrier, alleged that OPs-telecom service providers operating in India had contravened provisions of IUC Regulations, 2018 by charging higher termination charges for inbound international calls terminating into India, in view of fact that International Settlement Charge (ISC) had not been regulated under IUC Regulations, 2018 and no prima facie evidence was found to indicate that OP's had fixed rates through any concerted action amongst

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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...