https://www.taxtmi.com/news?id=64837 Apple Inc challenges a directive to furnish audited financial statements and an amendment allowing the Competition Commission of India to compute penalties using an enterprise's aggregated global turnover rather than turnover attributable to the affected relevant product or services or the relevant geographic market, arguing this permits inclusion of turnover from territories outside CCI jurisdiction and greatly increases potential penalty exposure; government and CCI have filed a response and the court allowed time for Apple's rejoinder and invited objections to an impleadment application. en-us Tue, 16 Dec 2025 15:31:03 +0530 Tue, 16 Dec 2025 15:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=64837 Apple Inc challenges a directive to furnish audited financial statements and an amendment allowing the Competition Commission of India to compute penalties using an enterprise's aggregated global turnover rather than turnover attributable to the affected relevant product or services or the relevant geographic market, arguing this permits inclusion of turnover from territories outside CCI jurisdiction and greatly increases potential penalty exposure; government and CCI have filed a response and the court allowed time for Apple's rejoinder and invited objections to an impleadment application. News - Tue, 16 Dec 2025 15:31:03 +0530 https://www.taxtmi.com/news?id=64837