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    <title>2017 (5) TMI 117 - ITAT VISAKHAPATNAM</title>
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    <description>The tribunal partly allowed the revenue&#039;s appeals and dismissed the cross objections by the assessee. It directed the Assessing Officer to estimate net profit at 10% for main contract works and 7% for sub-contract works, maintaining separate treatment for interest income and miscellaneous receipts. The decision was pronounced on 28th April 2017.</description>
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      <description>The tribunal partly allowed the revenue&#039;s appeals and dismissed the cross objections by the assessee. It directed the Assessing Officer to estimate net profit at 10% for main contract works and 7% for sub-contract works, maintaining separate treatment for interest income and miscellaneous receipts. The decision was pronounced on 28th April 2017.</description>
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