https://www.taxtmi.com/caselaws?id=776487 The ITAT Lucknow held that delay in filing Form 67 for claiming Foreign Tax Credit due to the COVID-19 pandemic was a reasonable cause beyond the assessee's control. Since the credit amount was reflected in the original return and filing Form 67 is a directory, not mandatory, requirement, the assessee could invoke section 154 for rectification despite the original issue arising from intimation under section 143(1). The tribunal directed that the assessee be allowed the benefit of Foreign Tax Credit, emphasizing that DTAA provisions override the Act and related rules. en-us Thu, 03 Jul 2025 00:00:00 +0530 Tue, 12 Aug 2025 08:32:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776487 The ITAT Lucknow held that delay in filing Form 67 for claiming Foreign Tax Credit due to the COVID-19 pandemic was a reasonable cause beyond the assessee's control. Since the credit amount was reflected in the original return and filing Form 67 is a directory, not mandatory, requirement, the assessee could invoke section 154 for rectification despite the original issue arising from intimation under section 143(1). The tribunal directed that the assessee be allowed the benefit of Foreign Tax Credit, emphasizing that DTAA provisions override the Act and related rules. Case-Laws Income Tax Thu, 03 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776487