https://www.taxtmi.com/highlights?id=68750 Denial of Foreign Tax Credit (FTC) - (i) Rule 128(9) of the Rules does not provide for disallowance of FTC in case of delay in filing Form No. 67; (ii) filing for Form No. 67 is not mandatory but a directory requirement and (iii) DTAA overrides the provision of the Act and the rules cannot be contrary to the Act. - credit allowed - AT en-us Thu, 16 Mar 2023 08:39:49 +0530 Thu, 16 Mar 2023 08:39:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68750 Denial of Foreign Tax Credit (FTC) - (i) Rule 128(9) of the Rules does not provide for disallowance of FTC in case of delay in filing Form No. 67; (ii) filing for Form No. 67 is not mandatory but a directory requirement and (iii) DTAA overrides the provision of the Act and the rules cannot be contrary to the Act. - credit allowed - AT Highlights Income Tax Thu, 16 Mar 2023 08:39:49 +0530 https://www.taxtmi.com/highlights?id=68750