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Denial of foreign tax credit u/s 90/90A due to delay in filing ...


Foreign Tax Credit Denial Overturned: Late Form No. 67 Filing u/r 128(9) Doesn't Bar Tax Credit Claims.

April 19, 2023

Case Laws     Income Tax     AT

Denial of foreign tax credit u/s 90/90A due to delay in filing Form no.67 - Mere delay in filing Form No. 67 as per the provisions of Rule 128(9), as they stood during the year under consideration, will not preclude the assessee from claiming the benefit of foreign tax credit in respect of tax paid outside India. - AT

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