Wednesday, August 26, 2020

Granting of dealership is company’s prerogative and does not give rise to competition concern: CCI

COMPETITION LAW : Where informant filed information alleging that OP had not granted dealership in Hopi, Assam but at some other place contrary to its own advertisement, it was prerogative of company to determine place and number of dealers it wanted to appoint based on its commercial and business considerations and same did not give rise to any competition concern warranting an intervention by Commission

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000195400/granting-of-dealership-is-company’s-prerogative-and-does-not-give-rise-to-competition-concern-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...