MSCI EM UCITS ETF USD ACC v. DCIT

164 Taxmann.com 56Income Tax Appellate Tribunal2024#11172 most cited
9

judgments rely on this decision, according to BharatTax’s citation analysis of 366,005 Indian tax judgments — from 2024 to 2026.

Sections most often in play

Section 111ASection 115ADSection 48Section 55Section 234CSection 270ASection 70(2)Section 143(1)

Issues it is cited on

section 115adsection 70(2)section 112asection 111asection 111section 74section 115asection 55section 70section 112interest under section 234cset off of losses

Judgments citing MSCI EM UCITS ETF USD ACC v. DCIT

Ishares Core Msci Total International Stock Etf (As A Successor to Ishare Core Taotal International Stock Mauritius Company ), Mumbai vs. Dy CIT (Int. Tax)-2(2)(1), Mumbai

In the result, the appeal by the assessee is partly allowed for statistical purposes

ITA 6774/MUM/2025[2023-24]Status: DisposedITAT Mumbai02 Jan 2026AY 2023-24

Bench: Shri Vikram Singh Yadavshri Sandeep Singh Karhailishares Core Msci Emerging Markets Etf (As A Successor To Ishares Core Emerging Markets Mauritius Company) C/O Ernst & Young Llp, 17Th Floor, The Ruby, 29, Senapati Bapat Marg, ............... Appellant Dadar (West), Mumbai - 400028 Pan : Aafci3337N V/S Deputy Commissioner Of Income Tax (International Tax) - 2(2)(2) Room No.606, 6Th Floor, Kautilya Bhavan, ……………… Respondent C-41 To C-43, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 Ishares Msci All Country Asia Ex Japan Etf C/O Ernst & Young Llp, 17Th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai - 400028 Pan : Aabti7439L ............... Appellant

For Appellant: Shri Pranav GandhiFor Respondent: Shri Satya Pal Kumar, CIT-DR
Section 143(3)Section 144C(13)Section 144C(5)Section 70Section 70(2)

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER iShares Core MSCI Emerging Markets ETF (As a successor to iShares Core Emerging Markets Mauritius Company) C/o Ernst & Young LLP, 17th Floor, The Ruby, 29, Senapati Bapat Marg, ............... Appellant Dadar (West), Mumbai - 400028 PAN : AAFCI3337N v/s Deputy Commissioner of Income Tax (International Tax) - 2(2)(2) Room No.606, 6th Floor, Kautilya Bhavan, ……………… Respondent C-41 to C-43, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 iShares MSCI All C…

Ishares Core Msci Emerging Markets Etf (As A Successor to Ishares Core Emerging Markets Mauritius Company, Mumbai vs. DCIT (Tp) 2(2)(2), Mumbai

In the result, the appeal by the assessee is partly allowed for statistical purposes

ITA 6051/MUM/2025[2023-24]Status: DisposedITAT Mumbai02 Jan 2026AY 2023-24

Bench: Shri Vikram Singh Yadavshri Sandeep Singh Karhailishares Core Msci Emerging Markets Etf (As A Successor To Ishares Core Emerging Markets Mauritius Company) C/O Ernst & Young Llp, 17Th Floor, The Ruby, 29, Senapati Bapat Marg, ............... Appellant Dadar (West), Mumbai - 400028 Pan : Aafci3337N V/S Deputy Commissioner Of Income Tax (International Tax) - 2(2)(2) Room No.606, 6Th Floor, Kautilya Bhavan, ……………… Respondent C-41 To C-43, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 Ishares Msci All Country Asia Ex Japan Etf C/O Ernst & Young Llp, 17Th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai - 400028 Pan : Aabti7439L ............... Appellant

For Appellant: Shri Pranav GandhiFor Respondent: Shri Satya Pal Kumar, CIT-DR
Section 143(3)Section 144C(13)Section 144C(5)Section 70Section 70(2)

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER iShares Core MSCI Emerging Markets ETF (As a successor to iShares Core Emerging Markets Mauritius Company) C/o Ernst & Young LLP, 17th Floor, The Ruby, 29, Senapati Bapat Marg, ............... Appellant Dadar (West), Mumbai - 400028 PAN : AAFCI3337N v/s Deputy Commissioner of Income Tax (International Tax) - 2(2)(2) Room No.606, 6th Floor, Kautilya Bhavan, ……………… Respondent C-41 to C-43, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 iShares MSCI All C…

Emerging Markets Index Non-Lendable Fund, Mumbai vs. Deputy Commissioner of Income Tax (International Taxation )-2(2)(1), Mumbai

In the result, the appeal by the assessee is partly allowed for

ITA 2073/MUM/2025[2022-23]Status: DisposedITAT Mumbai06 Jun 2025AY 2022-23

Bench: Shri Vikram Singh Yadavshri Sandeep Singh Karhail

For Appellant: Shri Anish Thacker &For Respondent: Shri Satya Pal Kumar, Sr.DR
Section 143(3)Section 144C(13)Section 144C(5)Section 270ASection 70Section 70(2)

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER ITA No. 2072/MUM/2025 (Assessment Year : 2022-23) iShares ESG Aware MSCI ETF, C/o Ernst & Young LLP, 17th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar(West), Mumbai - 400028 PAN: AAECI7288K Appellant v/s DCIT (International Taxation)-2(2)(2), Room No.606, 6th Floor, Kautilya Bhavan, C-41 to C-43,G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400051 Respondent & ITA No. 2073/MUM/2025 (Assessment Year : 2022-23) Emerging Markets Index Non-Lendable Fund, C/o…

I Shares Esg Aware Msci Em Etf, Mumbai vs. Deputy Commissioner of Income Tax (International Taxation ) -2(2)(2), Mumbai

In the result, the appeal by the assessee is partly allowed for

ITA 2072/MUM/2025[2022-23]Status: DisposedITAT Mumbai06 Jun 2025AY 2022-23

Bench: Shri Vikram Singh Yadavshri Sandeep Singh Karhail

For Appellant: Shri Anish Thacker &For Respondent: Shri Satya Pal Kumar, Sr.DR
Section 143(3)Section 144C(13)Section 144C(5)Section 270ASection 70Section 70(2)

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER ITA No. 2072/MUM/2025 (Assessment Year : 2022-23) iShares ESG Aware MSCI ETF, C/o Ernst & Young LLP, 17th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar(West), Mumbai - 400028 PAN: AAECI7288K Appellant V/S DCIT (International Taxation)-2(2)(2), Room No.606, 6th Floor, Kautilya Bhavan, C-41 to C-43,G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400051 Respondent & ITA No. 2073/MUM/2025 (Assessment Year : 2022-23) Emerging Markets Index Non-Lendable Fund, C/o…

Emerging Markets Equity Index Master Fund, Mumbai vs. Deputy CIT (Int. Tax)-2(2)(1), Mumbai

In the result, the appeal by the assessee is partly allowed for

ITA 2040/MUM/2025[2022-23]Status: DisposedITAT Mumbai06 Jun 2025AY 2022-23

Bench: Shri Vikram Singh Yadavshri Sandeep Singh Karhail

For Appellant: Shri Anish Thacker &For Respondent: Shri Satya Pal Kumar, Sr.DR
Section 143(3)Section 144C(13)Section 144C(5)Section 270ASection 70Section 70(2)

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER ITA No. 2072/MUM/2025 (Assessment Year : 2022-23) iShares ESG Aware MSCI ETF, C/o Ernst & Young LLP, 17th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar(West), Mumbai - 400028 PAN: AAECI7288K Appellant v/s DCIT (International Taxation)-2(2)(2), Room No.606, 6th Floor, Kautilya Bhavan, C-41 to C-43,G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400051 Respondent & ITA No. 2073/MUM/2025 (Assessment Year : 2022-23) Emerging Markets Index Non-Lendable Fund, C/o…

Teacher Retirement System of Texas, Mumbai vs. Assistant Commissioner of Income Tax (International Taxation )-4(1)(2), Mumbai

In the result, the appeal by the assessee is partly allowed

ITA 1371/MUM/2025[2022-23]Status: DisposedITAT Mumbai23 May 2025AY 2022-23

Bench: Shri Sandeep Singh Karhailshri Girish Agrawalteacher Retirement System Of Texas, C/O Ernst & Young Llp, 17Th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), ............... Appellant Mumbai - 400028 Pan: Aaatt9387R V/S Acit (It) – 4(1)(2), Kautilya Bhavan, ……………… Respondent G-Block, Bandra Kurla Complex, Mumbai - 400051 Assessee By : Shri Anish Thacker Shri Pranay Gandhi Revenue By : Shri Soumendu K. Dash, Sr.Dr

For Appellant: Shri Anish ThackerFor Respondent: Shri Soumendu K. Dash, Sr.DR
Section 142(1)Section 143(2)Section 143(3)Section 144C(13)Section 144C(3)Section 144C(5)Section 234CSection 270ASection 70Section 70(2)

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER Teacher Retirement System of Texas, C/o Ernst & Young LLP, 17th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), ............... Appellant Mumbai - 400028 PAN: AAATT9387R v/s ACIT (IT) – 4(1)(2), Kautilya Bhavan, ……………… Respondent G-Block, Bandra Kurla Complex, Mumbai - 400051 Assessee by : Shri Anish Thacker Shri Pranay Gandhi Revenue by : Shri Soumendu K. Dash, Sr.DR Date of Hearing – 08/05/2025 Date of Order - 23/05/2025 O R D E R PER SANDEEP SINGH KARHAIL,…

Eastspring Investments India Equity Open Limited, Mauritius vs. Deputy Commissioner of Income-Tax - International Taxation Circle 2(2)(1) - Mumbai, Mumbai

In the result, the appeal by the assessee is partly allowed

ITA 1219/MUM/2025[2022-23]Status: DisposedITAT Mumbai09 May 2025AY 2022-23

Bench: Ms. Padmavathy Sshri Sandeep Singh Karhail

For Appellant: Shri Ketan VedFor Respondent: Shri Satya Pal Kumar, CIT(DR)
Section 143(3)Section 144C(3)Section 144C(5)Section 70Section 70(2)

…IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE MS. PADMAVATHY S, ACCOUNTANT MEMBER SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER ITA No.1219/MUM/2025 (Assessment Year :2022-2023) Eastspring Investments India Equity Open Ltd., 3rd Floor, 355 NEX Rue du Savoir, Cybercity Ebene, Mauritius PAN - AADCP4503H Appellant v/s DCIT (IT) – 2(2)(1), Room No.606, 6th Floor, Kautilya Bhavan, C-41 to C-43, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai Maharashtra - 400051 Respondent Assessee by : Shri Ketan Ved Ms. Riya Shah Revenue by : Shri Satya Pal Kumar, CIT(DR) Date of Hearing – 05/05/2025 Date of Order…

J P Trust, Mumbai vs. Dy Comm. of Income Tax It Circle 32(1), Mumbai

Accordingly the ground raised by the assessee in this regard is allowed

ITA 6379/MUM/2024[2015-16]Status: DisposedITAT Mumbai20 Jan 2025AY 2015-16

Bench: Narender Kumar Choudhry, Jm & Ms Padmavathy S, Am

For Appellant: Shri B Laxmi Kanth, Sr. DR
Section 111ASection 143(1)Section 154Section 70(2)

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE NARENDER KUMAR CHOUDHRY, JM & MS PADMAVATHY S, AM I.T.A. No. 6379/Mum/2024 (Assessment Year: 2015-16) J. P. Trust, DCIT, IT Circle-32(1), Plot No. 33, ABCD, Kautilya Bhawan, Bandra Kurla Government Industrial Estate, Vs. Complex, Bandra (East), Charkop, Mumbai-400067. Mumbai – 400051. PAN : AAATJ9309H Appellant) : Respondent) : Shri Milan Bakhia, AR Appellant /Assessee by : Shri B Laxmi Kanth, Sr. DR Revenue / Respondent by Date of Hearing : 20.01.2025 Date of Pronouncement : 20.01.2025 O R D E R Per Padmavathy S, AM: This appeal by the assessee is aga…

Emerging Markets Index Non Lendable Fund, Mumbai vs. DCIT (International Taxation)-2(2)(1), Mumbai

In the result appeal of the assessee is partly allowed

ITA 4589/MUM/2023[2021-22]Status: DisposedITAT Mumbai05 Aug 2024AY 2021-22

Bench: Shri Prashant Maharishi, Am & Shrisandeep Singh Karhail, Jm A.Y.2021 – 22 Emerging Markets Index The Deputy Commissioner Of Non-Lendable Fund Income Tax (International C/O Ernst & Young Llp Taxation) – Circle –2 (2) (1) 17Th Floor 1722, 17T H Floor, Vs. The Ruby Air India Building, 29, Senapati Bapat Marg Nariman Point, Dadar (West) Mumbai – 21 Mumbai – 28 (Appellant) (Respondent) Pan Aaaae3262D Assessee By Shri Anish Thacker & Pranay Gandhi Revenue By Shri Anil Sant Additional Commissioner Of Income Tax Date Of Hearing 7 May 2024 Date Of Pronouncement 5 August 2024

Section 111ASection 115ASection 234ASection 234BSection 234CSection 270A

…ITA No.4589/M UM/2023 A Y 2021 – 22 Emerging markets index non-lendable fund versus Deputy Commissioner of income tax (International taxation) Circle – 2 IN THE INCOME TAX APPELLATE TRIBUNAL “I” BENCH, MUMBAI BEFORE SHRI PRASHANT MAHARISHI, AM AND SHRISANDEEP SINGH KARHAIL, JM A.Y.2021 – 22 Emerging Markets Index The Deputy Commissioner of Non-Lendable Fund income tax (International C/O Ernst & young LLP taxation) – circle –2 (2) (1) 17th floor 1722, 17t h floor, Vs. The Ruby Air India building, 29, Senapati Bapat Marg Nariman point, Dadar (West) Mumbai – 21 Mumbai – 28 (Appellant) (Respondent) PAN AAAAE3262D…

MSCI EM UCITS ETF USD ACC v. DCIT (164 Taxmann.com 56) — Cited in 9 Judgments | BharatTax