Wednesday, June 30, 2021

CCI declins to stop provision of co-location facility provided by NSE to stock brokers

COMPETITION LAWS : Provision of co-location facility by NSE which help increase volumes of trades manifold and provides liquidity to investors could not be stopped as there was no violation of section 4 and SEBI also did not find any instance of fraudulent conduct in violation of SEBI (PFUTP) Regulations, 2003 in provision of co-location facility

from www.taxmann.com Latest Case Laws https://ift.tt/2UeauS4

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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...