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The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has held that the notion of earning 90% profit is unimaginable and is contractual loot under the guise of alleged development activities.The...

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Telangana ,Andhra Pradesh ,India ,Hyderabad , ,Hyderabad Bench ,Income Tax Appellate Tribunal ,Vice President ,Laliet Kumar ,Judicial Member ,Megha Engineering ,Infrastructures Limited ,Assessing Officer ,For Appellant ,Itat ,Development Activities ,Ontractual Loot ,

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