BIOWIN AGRO RESEARCH,MANANTHAWADY vs. INCOME TAX OFFICER, KOZHIKODE

In the result, the assessee’s appeals are dismissed

Bench: Shri Sanjay Arora, Hon’Ble & Shri Sandeep Gosain, Hon'Ble

dividend. As such, neither can the supplier-farmers be co-opted as members, nor distributed profit, so as to be regarded as being helped thus. There is, to be fair, no claim to this effect. No response was forthcoming on the Bench seeking answers to these questions, arising in the facts of the case, during hearing