https://www.taxtmi.com/caselaws?id=777080 Delayed filing of Form 67 does not defeat a substantive foreign tax credit claim where the credit was otherwise claimed in the return under section 90 of the Income-tax Act and Article 25 of the India-USA DTAA. The tribunal view treated Form 67 as directory, not mandatory, so a procedural delay could not justify denial of credit in processing under section 143(1). On that basis, disallowance of foreign tax credit was found unsustainable and the credit was allowed despite belated compliance. en-us Mon, 28 Jul 2025 00:00:00 +0530 Sat, 23 Aug 2025 08:31:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777080 Delayed filing of Form 67 does not defeat a substantive foreign tax credit claim where the credit was otherwise claimed in the return under section 90 of the Income-tax Act and Article 25 of the India-USA DTAA. The tribunal view treated Form 67 as directory, not mandatory, so a procedural delay could not justify denial of credit in processing under section 143(1). On that basis, disallowance of foreign tax credit was found unsustainable and the credit was allowed despite belated compliance. Case-Laws Income Tax Mon, 28 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777080