https://www.taxtmi.com/caselaws?id=334104 The Court dismissed the appeal challenging the order of the Income Tax Appellate Tribunal regarding fresh claims on capital loss and exemption under Section 54F of the Income Tax Act, 1961. The Court held that since the facts supporting the fresh claim were already on record, the Appellate Authority was entitled to consider the new claim. It was concluded that no substantial question of law arose as the issue had been settled by a previous decision, leading to the dismissal of the appeal with no order as to costs. en-us Mon, 24 Oct 2016 00:00:00 +0530 Wed, 02 Nov 2016 20:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334104 The Court dismissed the appeal challenging the order of the Income Tax Appellate Tribunal regarding fresh claims on capital loss and exemption under Section 54F of the Income Tax Act, 1961. The Court held that since the facts supporting the fresh claim were already on record, the Appellate Authority was entitled to consider the new claim. It was concluded that no substantial question of law arose as the issue had been settled by a previous decision, leading to the dismissal of the appeal with no order as to costs. Case-Laws Income Tax Mon, 24 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334104