https://www.taxtmi.com/caselaws?id=437212 For combination threshold purposes under the Competition Act, the relevant assets and turnover are those attributable to what is actually acquired, not the seller's remaining business. The 27.03.2017 notification was treated as clarificatory and applied retrospectively, reinforcing that small acquisitions within the de minimis threshold do not require prior notification under section 6(2). On the facts, the acquired trademarks' relevant turnover was found to be below the exemption threshold, so the penalty under section 43A for non-notification could not be sustained and was set aside. en-us Thu, 27 Apr 2023 00:00:00 +0530 Sun, 30 Apr 2023 13:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437212 For combination threshold purposes under the Competition Act, the relevant assets and turnover are those attributable to what is actually acquired, not the seller's remaining business. The 27.03.2017 notification was treated as clarificatory and applied retrospectively, reinforcing that small acquisitions within the de minimis threshold do not require prior notification under section 6(2). On the facts, the acquired trademarks' relevant turnover was found to be below the exemption threshold, so the penalty under section 43A for non-notification could not be sustained and was set aside. Case-Laws Law of Competition Thu, 27 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437212