https://www.taxtmi.com/caselaws?id=797548 Foreign Tax Credit should not be denied solely because Form No. 67 was furnished after the return-filing due date under Rule 128(9). Although the rule required timely filing for the relevant assessment year, it did not prescribe denial of credit as the consequence of delay. The later extension of the filing period and treatment of the requirement as directory support allowing substantive credit where foreign income was offered to tax in India and Form No. 67 with foreign-tax supporting documents was available before processing. The Foreign Tax Credit claim must therefore be examined on merits after accepting the form and related documents, while providing a reasonable hearing opportunity. en-us Mon, 17 Aug 2026 00:00:00 +0530 Mon, 24 Aug 2026 08:33:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797548 Foreign Tax Credit should not be denied solely because Form No. 67 was furnished after the return-filing due date under Rule 128(9). Although the rule required timely filing for the relevant assessment year, it did not prescribe denial of credit as the consequence of delay. The later extension of the filing period and treatment of the requirement as directory support allowing substantive credit where foreign income was offered to tax in India and Form No. 67 with foreign-tax supporting documents was available before processing. The Foreign Tax Credit claim must therefore be examined on merits after accepting the form and related documents, while providing a reasonable hearing opportunity. Case-Laws Income Tax Mon, 17 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797548