COMPETITION LAW : Mere commonality of directors or ownership of participating firms, in itself, is not sufficient to record any primafacie conclusion about bid rigging in absence of any material indicating collusion amongst such bidders while participating in a tender. Thus, merely having common directors cannot be basis to suggest collusion in bidding process.
from www.taxmann.com Latest Case Laws https://ift.tt/2M8t335
Subscribe to:
Post Comments (Atom)
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...
-
In order to provide more avenues for transacting in mutual fund units, the SEBI has issued discussion paper on ‘Usage of pool accounts in Mu...
-
IT : Where during search conducted upon premises of assessee's cousin, key belonging to assessee's locker was found and search warra...
-
2018 Witnesses Highest FPI Registrations in Four Years from taxmann.com News http://bit.ly/2V8m1i1
No comments:
Post a Comment