joint venture company

The income attributable to the operations of developing/producing breeder seeds or hybrid germplasm or parent hybrid seed containing desired traits cannot be treated as agricultural income and should be treated as business income. Full Article

CASE LAW DETAILS Decided by:. CESTAT, PRINCIPAL BENCH, NEW DELHI, In The case of: Nyco S. A. v. CST, Appeal No. : STA No. 19 & 27 of 2007 –Cus. , Decided on: February 23, 2009   RELEVENT PARAGRAPH  6. We have thoroughly gone through the averments of both the sides. To appreciate the case of [...] Full Article