Hi there this is Shaney Ahmad sharimg with you my personal experience on this Micromax 123cm HD Smart LED TV well I buyed this 8 months ago and still regretting on my choice. This TV doesn't deserve the name like of Smart TV's.
The Video quality is not upto the mark, specially at corner sides. The 1080p is something which you will not see in this TV. Peraonally I feel like its 720p or something.
Talking about the sound quality. Feels like you've got only one speaker of sound, that's it. Not that clear also little buzzy.
The price of this TV according to this materials are really high. In 40k you can get definately something better than this.
The Service and Support of this TV is really difficult to get as the customer care executives have not that much of knowledge of trouble shoot or repair.