https://www.taxtmi.com/caselaws?id=62361 The Tribunal upheld the Commissioner (Appeals)'s decision to delete the addition of Rs. 1 lakh in respect of purchases and purchase expenses, emphasizing the necessity of proper authorization in agreements concerning tax assessments. The Tribunal ruled that the agreement made by an unauthorized person for the disallowance of Rs. 1 lakh on the gross profit account was not valid, dismissing the revenue's contentions. Additionally, it held that the addition was not made on an 'agreed basis' as the unauthorized adviser could not bind the assessee. en-us Wed, 21 Jan 1987 00:00:00 +0530 Wed, 19 Jan 2011 15:14:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62361 The Tribunal upheld the Commissioner (Appeals)'s decision to delete the addition of Rs. 1 lakh in respect of purchases and purchase expenses, emphasizing the necessity of proper authorization in agreements concerning tax assessments. The Tribunal ruled that the agreement made by an unauthorized person for the disallowance of Rs. 1 lakh on the gross profit account was not valid, dismissing the revenue's contentions. Additionally, it held that the addition was not made on an 'agreed basis' as the unauthorized adviser could not bind the assessee. Case-Laws Income Tax Wed, 21 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62361