https://www.taxtmi.com/caselaws?id=103751 A promotional prize scheme was not treated as an unfair trade practice because the statutory ingredients were not proved. The authority had to show loss or injury to consumers and, for prize-based schemes, either an intention not to provide the promised gift or a deceptive impression that the offer was free when it was partly or wholly financed through the price charged. The record did not show a draw of lots, participation for consideration, or reliable proof that prize costs had been passed on to consumers. Speculation about a prior price increase was insufficient, so the finding against the appellant could not stand. en-us Tue, 11 Aug 1998 00:00:00 +0530 Thu, 26 Jun 2014 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103751 A promotional prize scheme was not treated as an unfair trade practice because the statutory ingredients were not proved. The authority had to show loss or injury to consumers and, for prize-based schemes, either an intention not to provide the promised gift or a deceptive impression that the offer was free when it was partly or wholly financed through the price charged. The record did not show a draw of lots, participation for consideration, or reliable proof that prize costs had been passed on to consumers. Speculation about a prior price increase was insufficient, so the finding against the appellant could not stand. Case-Laws Companies Law Tue, 11 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103751