https://www.taxtmi.com/caselaws?id=772194 ITAT Mumbai allowed Foreign Tax Credit (FTC) for appellant despite late Form 67 filing. Relying on precedents from Madras HC and prior ITAT decisions, the tribunal held Rule 128(9) as directory, not mandatory. Applying Section 90(2) of Income Tax Act, the tribunal affirmed taxpayer's right to FTC, overriding technical compliance requirements and prioritizing substantial tax benefits. en-us Thu, 22 May 2025 00:00:00 +0530 Thu, 05 Jun 2025 08:25:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772194 ITAT Mumbai allowed Foreign Tax Credit (FTC) for appellant despite late Form 67 filing. Relying on precedents from Madras HC and prior ITAT decisions, the tribunal held Rule 128(9) as directory, not mandatory. Applying Section 90(2) of Income Tax Act, the tribunal affirmed taxpayer's right to FTC, overriding technical compliance requirements and prioritizing substantial tax benefits. Case-Laws Income Tax Thu, 22 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772194