Tuesday, February 25, 2020

‘Make My Trip’ abuses its dominant market position to indulge in unfair trade practices: CCI

COMPETITION LAW : Where MMT, an Online Travel Agency, was dominant in relevant market for online intermediation services for booking of hotels in India' and OYO was also significant player in market for franchising services for budget hotels in India, it was held that MMT had abused its dominant position under section 4(2)(a)(i) and 4(2)(c) on account of allegations pertaining to restrictive arrangement between OYO and MMT, imposition of price parity arrangement by MMT

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000193793/‘make-my-trip’-abuses-its-dominant-market-position-to-indulge-in-unfair-trade-practices-cci.aspx

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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...