Foreign tax credit permitted when disputed foreign tax is later settled and paid, subject to evidence and an undertaking. Where foreign tax credit was denied because payment abroad was under dispute and the dispute is later settled, the assessee must within the prescribed post-settlement period furnish evidence of settlement, evidence of payment and an undertaking that the credit has not been and will not be claimed for another year; upon such compliance the Assessing Officer shall amend the assessment or intimation and the statutory correction provisions shall apply, and the credit shall be allowed in the year in which the income is offered or assessed to tax in India.