https://www.taxtmi.com/caselaws?id=776504 The ITAT Chennai allowed the assessee's appeal, holding that foreign tax credit cannot be denied solely due to late submission of Form 67 under section 139(1). Relying on the Madras HC decision in Duraiswamy Kumaraswamy, the tribunal found that filing Form 67 before completion of assessment, even if not within the prescribed deadline under rule 128(9), entitles the assessee to claim foreign tax credit. en-us Thu, 07 Aug 2025 00:00:00 +0530 Tue, 12 Aug 2025 08:32:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776504 The ITAT Chennai allowed the assessee's appeal, holding that foreign tax credit cannot be denied solely due to late submission of Form 67 under section 139(1). Relying on the Madras HC decision in Duraiswamy Kumaraswamy, the tribunal found that filing Form 67 before completion of assessment, even if not within the prescribed deadline under rule 128(9), entitles the assessee to claim foreign tax credit. Case-Laws Income Tax Thu, 07 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776504