Tuesday, August 31, 2021

Imposing restriction on players from participating in tournaments organized by others are anti-competitive: CCI

COMPETITION LAW : Where OP federation being an apex body in India for promotion and development of baseball game restricted State level players from participating in any of tournaments organized by federation not recognised by it, same was violation to provisions of section 4 as it resulted in denial of market access to other federation

from www.taxmann.com Latest Case Laws https://ift.tt/3jx0iP4

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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...