https://www.taxtmi.com/caselaws?id=781340 ITAT AHMEDABAD upheld a 15% adhoc disallowance of site and site development expenses, an addition under s.68 for unexplained liabilities on cancellation of bookings, and a disallowance under s.36(1)(va) for delayed deposit of employees' PF contribution. The CIT(A) had proceeded ex parte after repeated non-compliance by the taxpayer and relied on binding precedents, including SC authority on delayed PF deposits and established law on s.68 where identity, genuineness and creditworthiness of creditors were not proved. The appeal was dismissed for lack of prosecution and absence of contrary material. en-us Thu, 09 Oct 2025 00:00:00 +0530 Fri, 14 Nov 2025 09:42:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781340 ITAT AHMEDABAD upheld a 15% adhoc disallowance of site and site development expenses, an addition under s.68 for unexplained liabilities on cancellation of bookings, and a disallowance under s.36(1)(va) for delayed deposit of employees' PF contribution. The CIT(A) had proceeded ex parte after repeated non-compliance by the taxpayer and relied on binding precedents, including SC authority on delayed PF deposits and established law on s.68 where identity, genuineness and creditworthiness of creditors were not proved. The appeal was dismissed for lack of prosecution and absence of contrary material. Case-Laws Income Tax Thu, 09 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781340