https://www.taxtmi.com/caselaws?id=763113 ITAT Patna allowed the assessee's appeal for foreign tax credit despite delayed filing of Form 67. The tribunal noted technical difficulties in filing the form online and followed precedent from ITAT Kolkata in Vineet Bahety case, holding that non-compliance with Rule 128(9) regarding filing deadline does not bar FTC eligibility since the rule lacks consequence provisions. The assessee filed Form 67 before assessment completion for tax deducted on salary from SBI Germany, making them eligible for foreign tax credit. en-us Thu, 26 Sep 2024 00:00:00 +0530 Thu, 12 Dec 2024 21:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763113 ITAT Patna allowed the assessee's appeal for foreign tax credit despite delayed filing of Form 67. The tribunal noted technical difficulties in filing the form online and followed precedent from ITAT Kolkata in Vineet Bahety case, holding that non-compliance with Rule 128(9) regarding filing deadline does not bar FTC eligibility since the rule lacks consequence provisions. The assessee filed Form 67 before assessment completion for tax deducted on salary from SBI Germany, making them eligible for foreign tax credit. Case-Laws Income Tax Thu, 26 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763113