Tuesday, March 30, 2021

Contravention of section 3 ruled out when there was no evidence to establish the cartel amongst airline Companies

COMPETITION LAW : Where there was no evidence on record to establish cartel amongst airlines during period April 2012 - March 2014, no case of contravention of provisions of section 3 was made out against airlines

from www.taxmann.com Latest Case Laws https://ift.tt/31wJvBO

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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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