Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The HC dismissed the petition seeking setting aside of an order of Respondent No.1 (CCI) and a direction to re-examine information, holding that the impugned order under Section 26(1) of the Competition Act lawfully recorded a prima facie opinion and directed the DG to investigate. The court held Section 26(2-A) (inserted 2023) aims solely at avoiding duplicate proceedings and does not impose a jurisdictional bar on CCI entertaining distinct or new complaints; CCI need only consider Section 26(2-A) when deciding to close a matter under Section 26(2) or 26(2-A). No entitlement to a hearing attaches at the prima facie stage; thus no infirmity was found and the petition was dismissed.
The HC dismissed the petition seeking setting aside of an order of Respondent No.1 (CCI) and a direction to re-examine information, holding that the impugned order under Section 26(1) of the Competition Act lawfully recorded a prima facie opinion and directed the DG to investigate. The court held Section 26(2-A) (inserted 2023) aims solely at avoiding duplicate proceedings and does not impose a jurisdictional bar on CCI entertaining distinct or new complaints; CCI need only consider Section 26(2-A) when deciding to close a matter under Section 26(2) or 26(2-A). No entitlement to a hearing attaches at the prima facie stage; thus no infirmity was found and the petition was dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
