https://www.taxtmi.com/caselaws?id=444176 The Tribunal allowed the appeal, directing the Assessing Officer to grant the Foreign Tax Credit to the assessee despite the delay in filing Form 67. It was determined that the requirement to file Form 67 before the income tax return due date is directory, not mandatory. The Tribunal relied on previous case law and the Supreme Court's order extending the limitation period, finding no contrary decisions. Thus, the denial of the credit based solely on the delayed filing was overturned. en-us Mon, 09 Oct 2023 00:00:00 +0530 Wed, 11 Oct 2023 08:40:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444176 The Tribunal allowed the appeal, directing the Assessing Officer to grant the Foreign Tax Credit to the assessee despite the delay in filing Form 67. It was determined that the requirement to file Form 67 before the income tax return due date is directory, not mandatory. The Tribunal relied on previous case law and the Supreme Court's order extending the limitation period, finding no contrary decisions. Thus, the denial of the credit based solely on the delayed filing was overturned. Case-Laws Income Tax Mon, 09 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444176