Liquidator appointment under Section 34 requires consideration of creditor recommendations, valid professional authorisation, and preservation of vali...
Income-tax exemption for specified regulatory fees and government grants applies subject to non-commercial activity and continuing compliance conditio...
Digital accessibility audit and remediation deadlines extended, while all other disability-compliance obligations for regulated entities remain unchan...
Foreign tax credit could not be denied merely because Form No. 67 was filed after the return due date, as the ITAT treated the filing requirement as directory rather than mandatory. Where the form's contents and the underlying foreign tax credit claim were otherwise not defective, delay in filing alone did not justify rejection of the substantive benefit. The order sustaining denial was set aside and the Assessing Officer was directed to examine the facts and allow the claim in accordance with Form No. 67.
Foreign tax credit could not be denied merely because Form No. 67 was filed after the return due date, as the ITAT treated the filing requirement as directory rather than mandatory. Where the form's contents and the underlying foreign tax credit claim were otherwise not defective, delay in filing alone did not justify rejection of the substantive benefit. The order sustaining denial was set aside and the Assessing Officer was directed to examine the facts and allow the claim in accordance with Form No. 67.
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