Customs relief for Strait of Hormuz maritime disruptions remains available, with existing conditions continuing unchanged through the extended validit...
Foreign tax credit claim for doubly taxed foreign sourced salary income was denied due to belated filing of Form No. 67. The Tribunal allowed the assessee's claim, following its coordinate bench rulings granting relief in similar cases. The Departmental Representative failed to distinguish the cited judgments or provide cogent arguments for a contrary view. Consequently, the Tribunal held that the assessee is entitled to foreign tax credit irrespective of the belated Form No. 67 filing, allowing all grounds raised.
Foreign tax credit claim for doubly taxed foreign sourced salary income was denied due to belated filing of Form No. 67. The Tribunal allowed the assessee's claim, following its coordinate bench rulings granting relief in similar cases. The Departmental Representative failed to distinguish the cited judgments or provide cogent arguments for a contrary view. Consequently, the Tribunal held that the assessee is entitled to foreign tax credit irrespective of the belated Form No. 67 filing, allowing all grounds raised.
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