Wednesday, December 30, 2020

No abuse of dominance by SPMCI in tender for procuring bearings as it was for OP to decide which manufacture met its need

COMPETITION ACT : Question of abuse of dominant position by OPs by way of inserting unfair/discriminatory conditions in tender for procuring bearings did not arise as bearings were widely used in many industries and not by OPs, engaged in printing bank notices alone and since products were being procured for printing machines run by OPs, it was for OPs to decide which product of which manufacturer met its requirement

from www.taxmann.com Latest Case Laws https://ift.tt/3hqxk0B

No comments:

Post a Comment

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...