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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Sister concern since had a licence for importing the furnace ...

Case Laws     Income Tax

October 22, 2013

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

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