https://www.taxtmi.com/caselaws?id=789953 Delay in filing Form No. 67 for foreign tax credit was treated as a procedural lapse, not a substantive bar, where the return was filed on time, foreign assets were disclosed, and the credit claim was otherwise supported. The Tribunal followed the view that the Rule 128 time limit is directory and that treaty-based entitlement to foreign tax credit should not be defeated solely by belated filing of the form. The earlier denial was therefore set aside, and the matter was remanded to the Assessing Officer for verification of Form No. 67 and fresh adjudication on the merits of the credit claim. en-us Fri, 10 Apr 2026 00:00:00 +0530 Fri, 17 Apr 2026 08:21:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789953 Delay in filing Form No. 67 for foreign tax credit was treated as a procedural lapse, not a substantive bar, where the return was filed on time, foreign assets were disclosed, and the credit claim was otherwise supported. The Tribunal followed the view that the Rule 128 time limit is directory and that treaty-based entitlement to foreign tax credit should not be defeated solely by belated filing of the form. The earlier denial was therefore set aside, and the matter was remanded to the Assessing Officer for verification of Form No. 67 and fresh adjudication on the merits of the credit claim. Case-Laws Income Tax Fri, 10 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789953