ITAT Rules 90% Profit Claims Unimaginable in Development Work

DCIT Vs LEPL Projects Limited (ITAT Hyderabad)

Unmasking the Illusion of High Profits in Development Projects: A Closer Look at ITAT Hyderabad’s Landmark Decision

In a groundbreaking decision that has sent ripples through the realms of taxation and infrastructure development, the Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has delivered a verdict that challenges the very notion of profitability within government-contracted development projects. The case in question,

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