https://www.taxtmi.com/caselaws?id=786912 The piece clarifies that revisional power under Section 264 read with Section 119 authorises the Principal Commissioner to condone a venial or technical delay in uploading Form No. 67 and to remedy defaults where denial would unjustifiably withhold an assessee's substantive right to foreign tax credit; consequence: denial of credit solely for such technical non-compliance is not justified. It further prescribes that where Form No. 67 is subsequently furnished the Assessing Officer must verify the record and allow foreign tax credit if supported, or else pass a speaking order explaining denial, with the assessee preserved for further remedies. en-us Fri, 13 Feb 2026 00:00:00 +0530 Fri, 31 Jul 2026 10:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786912 The piece clarifies that revisional power under Section 264 read with Section 119 authorises the Principal Commissioner to condone a venial or technical delay in uploading Form No. 67 and to remedy defaults where denial would unjustifiably withhold an assessee's substantive right to foreign tax credit; consequence: denial of credit solely for such technical non-compliance is not justified. It further prescribes that where Form No. 67 is subsequently furnished the Assessing Officer must verify the record and allow foreign tax credit if supported, or else pass a speaking order explaining denial, with the assessee preserved for further remedies. Case-Laws Income Tax Fri, 13 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786912