Wednesday, July 22, 2020

No abuse of dominant position by PayU payments in relevant market of e-payment in India: CCI

COMPETITION LAW : Existence of prima facie abusive conduct under section 4(2) is a prerequisite to order an investigation, hence, where informant filed information alleging that OPs had become dominant in relevant market for 'e-payments gateway in India', however, no evidence had been furnished in relation to abuse of dominant position by OPs, information was to be closed forthwith

from www.taxmann.com Latest Case Laws https://ift.tt/3ePjW37

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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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