AdvertisementAnraj Hiralal Shah (HUF) Vs ITO (ITAT Mumbai) The assessee appealed against the order dated 04.05.2018 passed by the Commissioner of Income Tax (Appeals)-51, Mumbai for Assessment Year 2014-15, challenging the partial confirmation of additions relating to the sale of shares after rejection of the claim of long-term capital gains. The assessee had filed the return declaring capital gains and income from other sources. It claimed exempt long-term capital gain of ₹8,40,497 under Section 10(38) arising from the sale of 2,200 shares of M/s Sunrise Asian Ltd. (formerly Santoshi Maa Tradelinks Ltd....