Wednesday, September 16, 2020

Competition Commission of India dismisses antitrust complaint against Amazon

COMPETITION LAW : Where informants alleged unfair and anti-competitive practices by OP-1, Amazon Seller Services (P.) Ltd., OP-2, Amazon Export Sales LLC and OP-3, Cloudtail India and their affiliate entities, however, there were multiple players operating in relevant market for services provided by online platforms for selling fashion merchandise in India and it did not appear that any one platform was occupying a dominant position in relevant market,

from www.taxmann.com Latest Case Laws https://ift.tt/3mqXa6D

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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...