https://www.taxtmi.com/caselaws?id=439732 The Appellate Tribunal ITAT Kolkata ruled in favor of the assessee in an appeal against the denial of foreign tax credit due to late filing of Form 67. The Tribunal held that the delay in filing the form was procedural and not a valid reason to deny the credit. It directed the Assessing Officer to allow the foreign tax credit claimed by the assessee, emphasizing that the Act does not specify a timeline for such filing. The decision was made on 13th April, 2023, in favor of the assessee. en-us Thu, 13 Apr 2023 00:00:00 +0530 Fri, 30 Jun 2023 09:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439732 The Appellate Tribunal ITAT Kolkata ruled in favor of the assessee in an appeal against the denial of foreign tax credit due to late filing of Form 67. The Tribunal held that the delay in filing the form was procedural and not a valid reason to deny the credit. It directed the Assessing Officer to allow the foreign tax credit claimed by the assessee, emphasizing that the Act does not specify a timeline for such filing. The decision was made on 13th April, 2023, in favor of the assessee. Case-Laws Income Tax Thu, 13 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439732