https://www.taxtmi.com/caselaws?id=759023 Foreign tax credit could not be denied solely because Form No. 67 was filed after the due date for filing the return, where the credit was disclosed in the revised return and the form was filed before processing under section 143(1). The filing deadline under section 139(1) was treated as directory rather than a mandatory condition that would defeat the substantive credit claim. On that basis, denial of the foreign tax credit was held unjustified, and the intimation under section 143(1) was required to be amended to allow the credit. en-us Wed, 14 Aug 2024 00:00:00 +0530 Mon, 23 Sep 2024 09:10:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759023 Foreign tax credit could not be denied solely because Form No. 67 was filed after the due date for filing the return, where the credit was disclosed in the revised return and the form was filed before processing under section 143(1). The filing deadline under section 139(1) was treated as directory rather than a mandatory condition that would defeat the substantive credit claim. On that basis, denial of the foreign tax credit was held unjustified, and the intimation under section 143(1) was required to be amended to allow the credit. Case-Laws Income Tax Wed, 14 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759023