Wednesday, November 11, 2020

Abuse of dominance by ‘Google’ on pre-installation of GPay on Android phones: CCI

COMPETITION LAW : Where informant filed information alleging that Google, through its control over Play Store and Android Operating system (OS) was favouring Google Pay over other competing apps, to disadvantage of both i.e. apps facilitating payment through UPI, as well as users, it was held conduct of Google in encouraging pre-installation and opting of Google Pay as default payment option on new smart mobile devices using Android OS at time of initial set up was prima facie abuse of dominance

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000196884/abuse-of-dominance-by-‘google’-on-pre-installation-of-gpay-on-android-phones-cci.aspx

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...