https://www.taxtmi.com/caselaws?id=456652 The ITAT ruled in favor of the assessee, directing the CPC, Bangalore, to allow the Foreign Tax Credit (FTC) claimed. The Tribunal determined that the denial of FTC based on the procedural non-filing of Form No. 67 was unwarranted, as the filing requirement was deemed directory, not mandatory. The appeal was allowed for statistical purposes, with the decision pronounced in March 2023. en-us Thu, 09 Mar 2023 00:00:00 +0530 Wed, 07 Aug 2024 20:37:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456652 The ITAT ruled in favor of the assessee, directing the CPC, Bangalore, to allow the Foreign Tax Credit (FTC) claimed. The Tribunal determined that the denial of FTC based on the procedural non-filing of Form No. 67 was unwarranted, as the filing requirement was deemed directory, not mandatory. The appeal was allowed for statistical purposes, with the decision pronounced in March 2023. Case-Laws Income Tax Thu, 09 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456652