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2011 (6) TMI 101 - HC - Income TaxLocal authority - scope of exemption u/s 10(20) - Marketing board - Held that: - H.P. Marketing Board is not a local authority within the meaning of Section 10(20) of the Income Tax Act, 1961 or 3(31) of the General Clauses Act, 1897 Res Judicata - Held that: - In case the Apex Court order in Radhasoami Satsang vs. CIT(1991 -TMI - 5353 - SUPREME Court) is read as a whole these observations do not in any way debar income tax authorities from coming to a new legal conclusion. The question whether the Marketing Board is a local authority or not is a question based more on law than on facts. There being no res judicata in income tax proceedings the Department cannot be tied down with a view which it may have once taken.
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