https://www.taxtmi.com/highlights?id=15234 Sister concern since had a licence for importing the furnace oil, the assessee diverted its contractual obligation for averting the payment of damages, nothing comes on the record to explain as to how the sum termed as “commission“ for performing the contract obligation was needed to be paid to the sister concern. - HC en-us Tue, 22 Oct 2013 16:08:16 +0530 Tue, 22 Oct 2013 16:08:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=15234 Sister concern since had a licence for importing the furnace oil, the assessee diverted its contractual obligation for averting the payment of damages, nothing comes on the record to explain as to how the sum termed as “commission“ for performing the contract obligation was needed to be paid to the sister concern. - HC Highlights Income Tax Tue, 22 Oct 2013 16:08:16 +0530 https://www.taxtmi.com/highlights?id=15234