TMI BlogProcedure for filing Statement of income from a country or specified territory outside India and Foreign Tax CreditX X X X Extracts X X X X X X X X Extracts X X X X ..... edure for filing Statement of income from a country or specified territory outside India and Foreign Tax Credit Foreign Tax Credit. -An assessee, being a resident shall be allowed a credit for the amount of any foreign tax paid by him in a country or specified territory outside India, by way of deduction or otherwise, in the year in which the income corresponding to such tax has been offered ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... All assessee's who are required to file return of income electronically under section 139(1) as per rule 12(3) of the income tax rules 1962 , are required to prepare and submit form 67 online along with the return of income if credit for the amount of any foreign tax paid by the assessee in a country or specified territory outside India, by way of deduction or otherwise, in the year in wh ..... X X X X Extracts X X X X X X X X Extracts X X X X
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