https://www.taxtmi.com/acts?id=44175 Defines terms for penalty recovery under the Competition Act: 'penalty' as monetary sums recoverable; 'demand notice' issued by the Commission; 'enterprise' and 'enterprise in default' who fail to pay after notice; roles including Commission, Secretary, recovery officer; enforcement instruments including recovery certificate and the penalty recovery register (Form IV). It also identifies 'Income-tax authority' and 'Tax Recovery Officer' and provides that undefined expressions take meanings assigned in the Act, Companies Act, or Income-tax Act as applicable. en-us Thu, 19 Sep 2024 10:56:17 +0530 Thu, 19 Sep 2024 10:56:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=44175 Defines terms for penalty recovery under the Competition Act: 'penalty' as monetary sums recoverable; 'demand notice' issued by the Commission; 'enterprise' and 'enterprise in default' who fail to pay after notice; roles including Commission, Secretary, recovery officer; enforcement instruments including recovery certificate and the penalty recovery register (Form IV). It also identifies 'Income-tax authority' and 'Tax Recovery Officer' and provides that undefined expressions take meanings assigned in the Act, Companies Act, or Income-tax Act as applicable. Act-Rules Law of Competition Thu, 19 Sep 2024 10:56:17 +0530 https://www.taxtmi.com/acts?id=44175