https://www.taxtmi.com/caselaws?id=11319 Where an assessee had consistently been granted exemption under s. 10(22) in earlier and even subsequent assessment years and no change in the nature of its activities was shown, the HC held that the Tribunal's order allowing the exemption raised no substantial question of law. Relying on the SC's principle in Radhasoami Satsang that, although res judicata does not strictly apply in income-tax matters, a settled fundamental aspect permeating different years should not be disturbed absent material change, the HC refused to reopen the settled position. The appeal was declined to be entertained and was dismissed. en-us Mon, 20 Oct 2003 00:00:00 +0530 Mon, 29 Dec 2025 15:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11319 Where an assessee had consistently been granted exemption under s. 10(22) in earlier and even subsequent assessment years and no change in the nature of its activities was shown, the HC held that the Tribunal's order allowing the exemption raised no substantial question of law. Relying on the SC's principle in Radhasoami Satsang that, although res judicata does not strictly apply in income-tax matters, a settled fundamental aspect permeating different years should not be disturbed absent material change, the HC refused to reopen the settled position. The appeal was declined to be entertained and was dismissed. Case-Laws Income Tax Mon, 20 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11319