Monday, May 25, 2020

Sony India Pvt. Ltd. is not dominant in market of distribution and sale of car audio products in India: CCI

COMPETITION LAW : Where there were number of other competing players such as Pioneer, JBL, JVC, Kenwood, Bose, Panasonic etc., OP-Sony did not enjoy a position of strength, which enable it to operate independently of competitive forces prevailing in distribution and sale of car audio products in India or to affect its competitors or consumers or market in its favour and,

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

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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...