Monday, June 28, 2021

CCI prima facie finds Google dominant in relevant market for smart TV device operating systems, orders probe

COMPETITION LAW : In view of fact that market share of Google's Android TV operating system is almost 90%, Google is dominant in relevant market for licensable smart TV device operating systems in India and since prima facie mandatory preinstallation of all Google Applications under Television App Distribution Agreement (TADA) amounts to imposition of unfair condition on smart TV device manufacturers and thereby in contravention of Section 4(2)(a)(i) of Competition Act, 2002,

from www.taxmann.com Latest Case Laws https://ift.tt/36b9z81

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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...