Monthly Archives: February 2012

CCI has jurisdiction over Railway Department: Delhi HC

Holding that carrying out the activity of running the railways by India’s Railway Department is not an inalienable function of the State, Delhi High Court ruled that the Railway Department is an “enterprize” under Section 2(h) of the Competition Act, … Continue reading

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Condonation of delay is an exception: SC

The Supreme Court of India made it clear that all the government bodies, their agencies and instrumentalities are under a special obligation to ensure that they perform their duties with diligence and commitment, unless they have reasonable and acceptable explanation … Continue reading

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Payment for software & version updates is ‘royalty’ under Income Tax Act: AAR

Stating that differing views by this Authority can be resolved and the matter set at rest only by a decision of the Supreme Court, the Authority on Advance Rulings held that the payment received from the Indian distributor for making … Continue reading

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CCI imposes huge penalty on top real estate developer

In a recent complaint filed against M/s DLF Limited (DLF) alleging abuse of dominant position relating to a residential project “The Belaire” at Gurgaon by imposing arbitary, unfair and unreasonable conditions on the apartment allottees, the Competition Commission of India … Continue reading

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CCI imposes penalty on LPG cylinder manufacturers

┬áThe Competition Commission of India imposed a penalty of Rs 165.58 crore on 48 LPG cylinder manufactureres for forming a cartel while bidding during the tenders floated by Indian Oil Corporation Limited in 2010-11 for the supply of 105 lakh … Continue reading

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CCI imposes penalty on film distribution and exhibition associations

Ruling that the acts and conducts of the seven (7) associations associated with the business of film distribution and exhibition in the territories under their control in India have caused restrictions on free and fair competition in the market, the … Continue reading

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India Ratifies the Multilateral Convention on Mutual Administrative Assistance in Tax Matters

India Ratifies the Multilateral Convention on Mutual Administrative Assistance in Tax Matters and becomes the First Non-OECD, Non-Council of Europe Country to become A Party to the Convention India had signed the Multilateral Convention on Mutual Administrative Assistance in Tax … Continue reading

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