The Competition Appellate Tribunal (COMPAT) is established under Section 53A to hear and dispose of appeals against any direction issued or decision made or order passed by the Commission under specified sections of the Act.
S.O. 2527(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, Kerala Headload Workers Welfare Board, a body constituted by Government of Kerala, in respect of the following specified income arising to that Board, namely:-
If service complaints related to Name Reservation or Company Incorporation are not resolved within 2 working days after a service ticket is raised, Stakeholders may escalate the matter by sending an email to [email protected] only in the event of tickets not being resolved within 2 working days. Stakeholders are advised to normally wait for resolution […]
In exercise of the powers conferred by sub-section (3) of section 1 of the Delhi Value Added Tax, (Amendment) Act, 2016 (Delhi Act 03 of 2016), the Lieutenant Governor of the National Capital Territory of Delhi, hereby, appoints the 26th July 2016 as the date on which said Act shall come into force
This year in CASS, two types of cases are selected for scrutiny, one is ‘Limited Scrutiny’ and other is ‘Complete Scrutiny’. The type of case – ‘Limited’ or ‘Complete’ — is displayed on the notice issued u/s 143(2), ‘Scrutiny Register’, ‘MIS Report’ and on the screen showing details of the case.
The Competition Act, 2002, follows philosophy of modern competition laws and aims at fostering competition and at protecting Indian markets against anti competitive practices by enterprises. The Act prohibits anti-competitive agreements, abuse of dominant position by enterprises, and regulates combinations (mergers, amalgamations and acquisitions) with a view to ensure that there is no adverse effect on competition in India.
To sum up, the policy planners, public procurement officials and CCI should work together as a team to deter bid rigging through robust enforcement, increased vigilance, and better designed public procurement programs.
In this article, I have attempted to understand how the organizational environment affects our vocabulary, and the words we doll out. I have also laid a special emphasis on the usage of jargons in the corporate environment, and the paradigm shift we are witnessing.
(a) Event occurring after the reporting period are defined as ‘events which occur between the end of the reporting date and the date when the financial statements are approved by the Board of Directors in case of a company’ and ‘by the corresponding authority in case of any other entity’.
Under section 115QA of the Income-tax Act, 1961 (the Act), additional Income-tax at the rate of 20 percent is levied on the distributed income arising out of buy back of unlisted share by the company. The distributed income was defined to be the consideration paid by the company on buy back of shares as reduced by the amount which was received by the company for issue of such shares.
