Monday, 24 June 2019

June Legal Update



  • CCI imposes penalty on chemists and druggist associations in Madhya Pradesh and two pharmaceutical companies
  • CCI approves amalgamation of GlaxoSmithKline into Hindustan Unilever Limited
  • EC rejects merger between Tata Steel and ThyssenKrupp
  • Supreme Court allows CCI appeal against JCB - permits material seized during dawn raid to be used as evidence
  • Delhi High Court settles constitutional challenges to the Competition Act, 2002

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Kolkata ITAT holds Husband's HUF not falling in the definition of ‘Relative’ of a Wife for gift-tax purposes under Income-tax

  Kolkata Tribunal has recently ruled that HUFs cannot be treated as “relatives” under the gift-tax provisions of the Income-tax Act, thereb...