https://www.taxtmi.com/caselaws?id=309930 Apparent mismatches between Schedule SI, Schedule CG and Schedule OS must be tested against the full reconciliation, including brought forward loss adjustment in Schedule BFLA; where that reconciliation explains the figures, the matter requires factual verification rather than mechanical adjustment. Foreign tax credit under section 90 cannot be rejected solely because Form 67 was filed after the intimation under section 143(1), since the filing requirement is treated as procedural and the claim must still be examined on merits. The text also notes that both disputed issues were restored for fresh consideration after hearing the assessee. en-us Mon, 13 Jun 2022 00:00:00 +0530 Wed, 27 Sep 2023 21:13:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309930 Apparent mismatches between Schedule SI, Schedule CG and Schedule OS must be tested against the full reconciliation, including brought forward loss adjustment in Schedule BFLA; where that reconciliation explains the figures, the matter requires factual verification rather than mechanical adjustment. Foreign tax credit under section 90 cannot be rejected solely because Form 67 was filed after the intimation under section 143(1), since the filing requirement is treated as procedural and the claim must still be examined on merits. The text also notes that both disputed issues were restored for fresh consideration after hearing the assessee. Case-Laws Income Tax Mon, 13 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309930