https://www.taxtmi.com/caselaws?id=753661 The ITAT Delhi held that filing Form 67 for claiming Foreign Tax Credit is procedural rather than mandatory in nature. The assessee filed their return on 13.10.2021, Form 67 on 25.01.2022, and rectified return on 04.09.2022 for AY 2021-22. The tribunal ruled that violation of procedural norms does not adversely affect the substantive right to claim FTC, allowing the assessee's grounds and granting the credit despite late filing. en-us Fri, 31 May 2024 00:00:00 +0530 Fri, 07 Jun 2024 08:13:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753661 The ITAT Delhi held that filing Form 67 for claiming Foreign Tax Credit is procedural rather than mandatory in nature. The assessee filed their return on 13.10.2021, Form 67 on 25.01.2022, and rectified return on 04.09.2022 for AY 2021-22. The tribunal ruled that violation of procedural norms does not adversely affect the substantive right to claim FTC, allowing the assessee's grounds and granting the credit despite late filing. Case-Laws Income Tax Fri, 31 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753661