https://www.taxtmi.com/caselaws?id=8180 Earlier assessment findings did not create an absolute bar in later proceedings, so estoppel or res judicata could not prevent reconsideration of whether 51.59 acres were includible for the relevant year. The inclusion of the lands in the composition application without prior notice or an opportunity to object violated natural justice, as an adverse determination affecting vested rights requires hearing. The broader question of exemption under section 4(b) in composition proceedings under section 34 was left open because the underlying factual issue whether the lands were trust property had not been properly found. The matter was remitted for fresh factual consideration and assessment in accordance with law. en-us Tue, 20 Jul 1971 00:00:00 +0530 Tue, 31 Mar 2009 19:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8180 Earlier assessment findings did not create an absolute bar in later proceedings, so estoppel or res judicata could not prevent reconsideration of whether 51.59 acres were includible for the relevant year. The inclusion of the lands in the composition application without prior notice or an opportunity to object violated natural justice, as an adverse determination affecting vested rights requires hearing. The broader question of exemption under section 4(b) in composition proceedings under section 34 was left open because the underlying factual issue whether the lands were trust property had not been properly found. The matter was remitted for fresh factual consideration and assessment in accordance with law. Case-Laws Income Tax Tue, 20 Jul 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8180