“Section 70(3)”

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

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

such losses against capital gain computed in a similar manner as under section 48 to 55 of the act. According to section 70(3) of the act where assessee suffers long- term capital loss, assessee shall be entitled to set of such losses against long- term capital gains computed

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

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

such losses against capital gain computed in a similar manner as under section 48 to 55 of the act. According to section 70(3) of the act where assessee suffers long- term capital loss, assessee shall be entitled to set of such losses against long- term capital gains computed

ISHARES MSCI ALL COUNTRY ASIA EX JAPAN ETF,MUMBAI vs. DCIT (INT. TAX)-2(2)(2), MUMBAI

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

such losses\nagainst capital gain computed in a similar manner as under section 48 to 55\nof the act. According to section 70(3) of the act where assessee suffers long-\nterm capital loss, assessee shall be entitled to set of such losses against long-\nterm capital gains computed

BENNETT COLEMAN & CO LTD,MUMBAI vs. DCIT 1(1)(1), MUMBAI

In the result, this ground-7 of appeal is dismissed

sale of shares would be allowed to be set off against\nlong term capital gain on sale of land in accordance with section 70(3)\"\n4.9.4 The appellant company stated that this decision relied upon the appellant\ncase for this year and to be allowed the same. It is mentioned ... nsaid judicial view permits the set-off of such long-term capital loss against other\nlong-term capital gains in accordance with section 70(3) of the Act.\nHowever, in the present case, the CIT(A) held that allowing such carry forward\ncould lead to future set-off against unrelated

BENNETT, COLEMAN & CO LTD,MUMBAI vs. DCIT 1(1)(1), MUMBAI

In the result, this ground-7 of appeal is dismissed

Bench: Shri. Narendra Kumar Billaiya & Shri Anikesh Banerjee

sale of shares would be allowed to be set off against long term capital gain on sale of land in accordance with section 70(3)" 17 ITA 189 & 190/Mum /2025 Bennet Coleman & Co. Ltd 4.9.4 The appellant company stated that this decision relied upon the appellant case for this year ... said judicial view permits the set-off of such long-term capital loss against other long-term capital gains in accordance with section 70(3) of the Act. However, in the present case, the CIT(A) held that allowing such carry forward could lead to future set-off against unrelated

ISHARES MSCI ALL COUNTRY ASIA EX JAPAN ETF(AS A SUCCESSOR TO ISHARES MSCI ALL COUNTRY ASIA EX JAPAN MAURITIUS CO),MUMBAI vs. DCIT (INT)-2(2)(2), MUMBAI

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

such losses\nagainst capital gain computed in a similar manner as under section 48 to 55\nof the act. According to section 70(3) of the act where assessee suffers long-\nterm capital loss, assessee shall be entitled to set of such losses against long-\nterm capital gains computed

ISHARES MSCI INDIA ETF(AS A SUCESSOR TO ISHARES INDIA INDEX MARUITIUS COMPANY),MUMBAI vs. DCIT (INT)-2(2)(2), MUMBAI

such losses\nagainst capital gain computed in a similar manner as under section 48 to 55\nof the act. According to section 70(3) of the act where assessee suffers long-\nterm capital loss, assessee shall be entitled to set of such losses against long-\nterm capital gains computed

ISHARES CORE MSCI EM IMI UCITS ETF,MUMBAI vs. DCIT (INT)-2(2)(2), MUMBAI

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

such losses\nagainst capital gain computed in a similar manner as under section 48 to 55\nof the act. According to section 70(3) of the act where assessee suffers long-\nterm capital loss, assessee shall be entitled to set of such losses against long-\nterm capital gains computed

ISHARES CORE MSCI TOTAL INTERNATIONAL STOCK ETF (AS A SUCCESSOR TO ISHARES CORE TOTAL INTERNATIONAL STOCK MAURITIUS CO ),MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION)-2(2)(2), MUMBAI

such losses\nagainst capital gain computed in a similar manner as under section 48 to 55\nof the act. According to section 70(3) of the act where assessee suffers long-\nterm capital loss, assessee shall be entitled to set of such losses against long-\nterm capital gains computed

ISHARES MSCI EMERGING MARKETS ETF (AS A SUCCESSOR TO ISHARES EMERGING MARKETS INDEX MAURITIUS CO ),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 statistical\npurposes

such losses\nagainst capital gain computed in a similar manner as under section 48 to 55\nof the act. According to section 70(3) of the act where assessee suffers long-\nterm capital loss, assessee shall be entitled to set of such losses against long-\nterm capital gains computed

ISHARES INDIA 50 ETF (AS A SUCCESSOR TO ISHARES INDIA MAURITIUS CO ),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 statistical\npurposes

such losses\nagainst capital gain computed in a similar manner as under section 48 to 55\nof the act. According to section 70(3) of the act where assessee suffers long-\nterm capital loss, assessee shall be entitled to set of such losses against long-\nterm capital gains computed

ISHARES MSCI EM UCITS ETF USD DIST ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION)-2(2)(2), MUMBAI

such losses\nagainst capital gain computed in a similar manner as under section 48 to 55\nof the act. According to section 70(3) of the act where assessee suffers long-\nterm capital loss, assessee shall be entitled to set of such losses against long-\nterm capital gains computed

ISHARES MSCI INDIA UCITS ETF ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION )-2(2)(2), MUMBAI

such losses\nagainst capital gain computed in a similar manner as under section 48 to 55\nof the act. According to section 70(3) of the act where assessee suffers long-\nterm capital loss, assessee shall be entitled to set of such losses against long-\nterm capital gains computed

SCHWAB EMERGING MARKETS EQUITY ETF ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX INTERNATIONAL TAXATION -4(2)(1), MUMBAI

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

such losses\nagainst capital gain computed in a similar manner as under section 48 to 55\nof the act. According to section 70(3) of the act where assessee suffers long-\nterm capital loss, assessee shall be entitled to set of such losses against long-\nterm capital gains computed

ISHARES CORE MSCI EMERGING MARKETS ETF (AS A SUCESSOR TO ISHARES CORE EMERGING MARKETS MAURITIUS COMPANY),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 statistical\npurposes

such losses\nagainst capital gain computed in a similar manner as under section 48 to 55\nof the act. According to section 70(3) of the act where assessee suffers long-\nterm capital loss, assessee shall be entitled to set of such losses against long-\nterm capital gains computed

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\nstatistical purposes

nset off such losses against capital gain computed in a similar manner as\nunder section 48 to 55 of the act. According to section 70(3) of the act\nwhere assessee suffers long-term capital loss, assessee shall be entitled to\nset of such losses against long-term capital gains

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\nstatistical purposes

nset off such losses against capital gain computed in a similar manner as\nunder section 48 to 55 of the act. According to section 70(3) of the act\nwhere assessee suffers long-term capital loss, assessee shall be entitled to\nset of such losses against long-term capital gains

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\nstatistical purposes

nset off such losses against capital gain computed in a similar manner as\nunder section 48 to 55 of the act. According to section 70(3) of the act\nwhere assessee suffers long-term capital loss, assessee shall be entitled to\nset of such losses against long-term capital gains

PRASHANT KOTHARI,SINGAPORE vs. CIT A (57) MUMBAI, OFFICE OF COMMISSIONER OF APPEALS MUMBAI

In the result, the additional ground of\nappeal is allowed

{ "clean_text": "IN THE INCOME TAX APPELLATE TRIBUNAL, ‘I’ BENCH MUMBAI\nBEFORE: SHRI AMIT SHUKLA, JUDICIAL MEMBER\n&\nSHRI VIKRAM