Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
Anti-competitive agreements - Cartelisation - While other parties admitted to the contravention, the appellant denied involvement and challenged the Commission's decision. They argued that they only submitted bids for three tenders without colluding with other cartel members. However, evidence presented, including confessions from cartel members and appellant's employees, suggested their active participation in bid rigging activities. Despite the appellant's claim of merely receiving information from the cartel, the Tribunal found their continuous receipt of emails without protest indicative of their tacit agreement with cartel activities. The Tribunal dismissed the appeal, affirming the Commission's decision based on the evidence presented.
Anti-competitive agreements - Cartelisation - While other parties admitted to the contravention, the appellant denied involvement and challenged the Commission's decision. They argued that they only submitted bids for three tenders without colluding with other cartel members. However, evidence presented, including confessions from cartel members and appellant's employees, suggested their active participation in bid rigging activities. Despite the appellant's claim of merely receiving information from the cartel, the Tribunal found their continuous receipt of emails without protest indicative of their tacit agreement with cartel activities. The Tribunal dismissed the appeal, affirming the Commission's decision based on the evidence presented.
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TaxTMI 
TaxTMI 
of 4916 
