Friday, July 3, 2020

CMSS didn’t’ abuse dominance by introducing WHO-prequalified certification in tender for purchase of anti-TB drugs

COMPETITION LAW: Where condition of WHO-pre-qualified certification introduced by OPs in tenders for purchase of anti-TB drugs and HIV drugs was a globally accepted standard of quality and did not appear to be unfair/discriminatory, information filed against OPs alleging abuse of dominant position was to be dismissed

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000193504/cmss-didn’t’-abuse-dominance-by-introducing-who-prequalified-certification-in-tender-for-purchase-of-anti-tb-drugs.aspx

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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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