https://www.taxtmi.com/highlights?id=38532 Doctrine of res judicata - The previous year’s assessment order in fact did not lead any discussion on this aspect and appear to have merely accepted the assessee’s contention. Those cannot by any stretch of imagination be conclusive. At any rate in such cases, one cannot apply the principle of res judicata or estoppel. - HC en-us Fri, 23 Mar 2018 07:14:41 +0530 Fri, 23 Mar 2018 07:14:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=38532 Doctrine of res judicata - The previous year’s assessment order in fact did not lead any discussion on this aspect and appear to have merely accepted the assessee’s contention. Those cannot by any stretch of imagination be conclusive. At any rate in such cases, one cannot apply the principle of res judicata or estoppel. - HC Highlights Income Tax Fri, 23 Mar 2018 07:14:41 +0530 https://www.taxtmi.com/highlights?id=38532