https://www.taxtmi.com/caselaws?id=467325 Form 67 for foreign tax credit under Rule 128(9) was treated as procedural rather than mandatory, because the rule does not express any adverse consequence for delayed filing. The Tribunal followed coordinate bench rulings and held that foreign tax credit cannot be denied solely because Form 67 was filed after the return due date under section 139(1), especially where the form was later furnished with the revised return and before assessment was completed. On that basis, the assessee remained entitled to the foreign tax credit. en-us Tue, 29 Nov 2022 00:00:00 +0530 Sat, 14 Mar 2026 18:48:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467325 Form 67 for foreign tax credit under Rule 128(9) was treated as procedural rather than mandatory, because the rule does not express any adverse consequence for delayed filing. The Tribunal followed coordinate bench rulings and held that foreign tax credit cannot be denied solely because Form 67 was filed after the return due date under section 139(1), especially where the form was later furnished with the revised return and before assessment was completed. On that basis, the assessee remained entitled to the foreign tax credit. Case-Laws Income Tax Tue, 29 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467325