Friday, November 13, 2020

No abuse of dominance by OP-company due to presence of other players in market : CCI

COMPETITION LAW : Where besides OP, there were number of other global players operating in market of safe rail system and OP did not appear to command any market power, allegation of abusive behaviour on part of OP under section 4 could not be considered

from www.taxmann.com Latest Case Laws https://ift.tt/35ru6oZ

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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...