https://www.taxtmi.com/caselaws?id=782024 ITAT Delhi allowed the assessee's appeal against denial of foreign tax credit that had been refused solely on the ground of delayed filing of Form 67. The tribunal held that the requirement to file Form 67 is procedural and not mandatory in a manner that extinguishes the substantive right to claim foreign tax credit. Since the assessee had filed Form 67 before completion of the assessment, the delay did not justify disallowance. Relying on prior ITAT precedent adopting the same view, the ITAT directed that the foreign tax credit be granted to the assessee. en-us Wed, 29 Oct 2025 00:00:00 +0530 Fri, 21 Nov 2025 11:58:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782024 ITAT Delhi allowed the assessee's appeal against denial of foreign tax credit that had been refused solely on the ground of delayed filing of Form 67. The tribunal held that the requirement to file Form 67 is procedural and not mandatory in a manner that extinguishes the substantive right to claim foreign tax credit. Since the assessee had filed Form 67 before completion of the assessment, the delay did not justify disallowance. Relying on prior ITAT precedent adopting the same view, the ITAT directed that the foreign tax credit be granted to the assessee. Case-Laws Income Tax Wed, 29 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782024