https://www.taxtmi.com/caselaws?id=470553 Foreign tax credit for German taxes could not be denied where the return for assessment year 2020-21 was filed within the extended due date and Form 67 was furnished before processing under section 143(1). Section 90 read with Article 23 of the India-Germany Double Tax Avoidance Agreement entitled the taxpayer to credit for German taxes paid on income also taxed in India. In these circumstances, the procedural filing requirement under Rule 128 did not justify denial of the claimed foreign tax credit. en-us Mon, 30 Dec 2024 00:00:00 +0530 Fri, 31 Jul 2026 08:27:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470553 Foreign tax credit for German taxes could not be denied where the return for assessment year 2020-21 was filed within the extended due date and Form 67 was furnished before processing under section 143(1). Section 90 read with Article 23 of the India-Germany Double Tax Avoidance Agreement entitled the taxpayer to credit for German taxes paid on income also taxed in India. In these circumstances, the procedural filing requirement under Rule 128 did not justify denial of the claimed foreign tax credit. Case-Laws Income Tax Mon, 30 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470553