concern belongs to it?A company,
according to the new socio-economic thinking, is a social
institution having duties and responsibilities towards the
community ... which it is a member as well as by its
economic performance." That is why it is regarded as one of
the paramount objectives
commercial principles so as to
encourage the competition, efficiency, economical use of
resources, good performance, optimum investments,
safeguarding of consumers' interest, recovery of cost ... performance of its
generating units. MPPGCL may consider phasing out these
48
units if it feels that these units have outlived their economic
life
with the project based on proven
'performance, techno--economic, safety and maintenance criteria.
DMRC, therefore, went ahead with Vossloh fastening systems
based upon recommendations ... approved fastening
system and they applied the criterion of proven performance, techno-
economic viability, safety and maintenance for selecting them, does not
hold good
learned AO/TPO erred in disregarding the
economic analysis undertaken by the appellant
and conducting a fresh economic analysis for the
determination ... rejecting certain comparable
companies identified by the assessee
as having economic performance
contrary to the industry behavior (e.g
companies which showed a
diminishing revenue
comparability
criterion.
(b) Difference in accounting year.
(c) Misconceived difference in economic
performance.
5. The TPO/AO has erred in exercising his powers under
section
ballastless track including fastening system has been made
based on proven performance, techno--economic and safety criteria. Further,
it was done after examination and appraisal ... requirements as on date
as set up by the MoR in performance criteria of fastening systems for
_ ballastless Track.
Patil Vossloh further submitted its submission
fruits of growth. Madam, the whole world admires India’s economic growth performance in face of the unprecedented global economic crisis of September, 2008. Wherever ... programmes. In the MNREGA, there are weaknesses. I do recognise that the performance in these programmes varies from one part of our country to another
respect to.-
(i) the preparation of plans for economic development and
social justice;
(ii) the performance of functions and the implementation of
schemes ... responsibilities for the preparation of plans for
economic development and social justice and the performance of functions
and the implementation of schemes
following :
(i) The preparation of plans for economic
development and social justice; and
(ii) The performance of functions and
implementation of schemes ... Regulation of land-use and construction of
buildings.
3. Planning for economic and social development.
4. Roads and bridges.
5. Water supply for domestic, industrial
principles;
(b) the factors which would encourage competition,
efficiency, economical use of the resources, good
performance and optimum investments;
(c) safeguarding of consumers' interest
