https://www.taxtmi.com/caselaws?id=436036 The Tribunal allowed the appeal for condonation of delay in filing, citing sufficient cause due to misunderstanding by the Chartered Accountant. Regarding the merits of the case, the Tribunal directed the Assessing Officer to reassess the foreign tax credit claim in compliance with the law, providing the assessee a reasonable opportunity to be heard. The original assessment order was found lacking in specific inquiry into the compliance requirements, leading to the modification of the Principal Commissioner's directive to deny the relief outright. en-us Fri, 31 Mar 2023 00:00:00 +0530 Mon, 03 Apr 2023 08:28:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436036 The Tribunal allowed the appeal for condonation of delay in filing, citing sufficient cause due to misunderstanding by the Chartered Accountant. Regarding the merits of the case, the Tribunal directed the Assessing Officer to reassess the foreign tax credit claim in compliance with the law, providing the assessee a reasonable opportunity to be heard. The original assessment order was found lacking in specific inquiry into the compliance requirements, leading to the modification of the Principal Commissioner's directive to deny the relief outright. Case-Laws Income Tax Fri, 31 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436036