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Pearlite Real Properties not guilty of Profiteering: CCI
Case Law Details
- Case Name
- Director General of Anti-Profiteering Vs Pearlite Real Properties Pvt. Ltd (Competition Commission of India)
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Director General of Anti-Profiteering Vs Pearlite Real Properties Pvt. Ltd (Competition Commission of India)
Introduction: The Competition Commission of India (CCI) recently reviewed a report pertaining to Pearlite Real Properties Pvt. Ltd.’s profiteering allegations. The outcome has vital implications for both the real estate sector and tax regulation in India.
Background of the Case: Pearlite Real Properties Pvt. Ltd., involved in executing the “Godrej 24” project, was previously investigated by the Director General of Anti-Profiteering (DGAP). The DGAP’s initial repo...
