Both had challenged the verdict of the National Company Law Appellate Tribunal on the alleged anti-competitive practices
The bench stated that the ITAT did not err in holding that the payoff was an allowable business expenditure
Issues notices to Pyramid Audio India, Evergreen Media and Prasad Film Laboratories
Cites the decision of the Supreme Court in a previous matter
It cannot take refuge under the Uttar Pradesh Trade Tax Act, 1948
Cites conditions of Article 13 under the Double Taxation Avoidance Agreement
Cites its ruling in a similar previous case
The dispute was between Tata Steel Utilities and Jharkhand Urban Infra on the Chakradharpur Urban Water Supply Scheme
It hoped that they would refrain from 'judicial adventurism' while dealing with special legislation
Remands the matter for reconsideration, directing the authorities to reconsider the application on its merits
Rules that the State authority erred in applying the tax
Appoints Justice P. Naveen Rao, former Acting Chief Justice, as the sole arbitrator
