https://www.taxtmi.com/caselaws?id=463206 ITAT Chennai allowed the foreign tax credit claimed under section 90 despite the assessee not filing Form 67 with the return of income as mandated by rule 128(9) of the Income-tax Rules. The tribunal held the requirement to be mandatory but not a condition precedent for claiming the credit, relying on a prior decision favoring the assessee where Form 67 was submitted before completion of assessment. Consequently, the appeal was allowed, granting the foreign tax credit. en-us Thu, 31 Aug 2023 00:00:00 +0530 Wed, 13 Aug 2025 19:00:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463206 ITAT Chennai allowed the foreign tax credit claimed under section 90 despite the assessee not filing Form 67 with the return of income as mandated by rule 128(9) of the Income-tax Rules. The tribunal held the requirement to be mandatory but not a condition precedent for claiming the credit, relying on a prior decision favoring the assessee where Form 67 was submitted before completion of assessment. Consequently, the appeal was allowed, granting the foreign tax credit. Case-Laws Income Tax Thu, 31 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463206