https://www.taxtmi.com/caselaws?id=761037 Foreign Tax Credit could not be denied merely because Form 67 was filed after the due date, as Rule 128(9) was treated as a procedural compliance requirement and not a substantive bar to treaty relief. Where the foreign tax payment and credit claim were otherwise verifiable, the credit was to be allowed after due verification of the form. The Tribunal accordingly directed the Assessing Officer to grant the credit, holding that delayed filing did not extinguish the underlying entitlement. en-us Tue, 22 Oct 2024 00:00:00 +0530 Wed, 30 Oct 2024 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761037 Foreign Tax Credit could not be denied merely because Form 67 was filed after the due date, as Rule 128(9) was treated as a procedural compliance requirement and not a substantive bar to treaty relief. Where the foreign tax payment and credit claim were otherwise verifiable, the credit was to be allowed after due verification of the form. The Tribunal accordingly directed the Assessing Officer to grant the credit, holding that delayed filing did not extinguish the underlying entitlement. Case-Laws Income Tax Tue, 22 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761037