Monday, September 27, 2021

CCI imposes hefty penalties on UBL, Carlsberg and SAB Miller for engaging in cartelization

COMPETITION LAW : Where information was filed against OPs, i.e., United Breweries, SAB Miller and Carlsberg alleging cartelisation in relation to production, marketing, distribution and sale of Beer in India, it was held that OPs were exchanging their actual Beer production, revenue details, targets,

from www.taxmann.com Latest Case Laws https://ift.tt/3kFB1Tb
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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...