https://www.taxtmi.com/caselaws?id=458102 The Tribunal allowed the assessee's appeal, overturning the lower authorities' disallowance of foreign tax credit due to late filing of Form-67. Citing precedents, the Tribunal emphasized that procedural lapses should not negate substantive rights. The case was remanded to the AO to verify the claim, underscoring the priority of substantive rights over procedural requirements. en-us Thu, 04 Apr 2024 00:00:00 +0530 Tue, 08 Oct 2024 07:30:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458102 The Tribunal allowed the assessee's appeal, overturning the lower authorities' disallowance of foreign tax credit due to late filing of Form-67. Citing precedents, the Tribunal emphasized that procedural lapses should not negate substantive rights. The case was remanded to the AO to verify the claim, underscoring the priority of substantive rights over procedural requirements. Case-Laws Income Tax Thu, 04 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458102