https://www.taxtmi.com/caselaws?id=472381 Foreign tax credit remains available despite delayed furnishing of the prescribed supporting form where the governing rule fixes a filing time but does not expressly deny credit for non-compliance. The filing requirement is procedural and directory, and cannot extinguish substantive entitlement to credit for foreign taxes paid or treaty-based relief. The claim must therefore be assessed on its merits after verification of supporting evidence. Delay in filing an appeal may be condoned where sufficient cause is established, no mala fide intent is shown, and refusal would prevent consideration on merits. en-us Mon, 21 Apr 2025 00:00:00 +0530 Fri, 09 Oct 2026 21:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472381 Foreign tax credit remains available despite delayed furnishing of the prescribed supporting form where the governing rule fixes a filing time but does not expressly deny credit for non-compliance. The filing requirement is procedural and directory, and cannot extinguish substantive entitlement to credit for foreign taxes paid or treaty-based relief. The claim must therefore be assessed on its merits after verification of supporting evidence. Delay in filing an appeal may be condoned where sufficient cause is established, no mala fide intent is shown, and refusal would prevent consideration on merits. Case-Laws Income Tax Mon, 21 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472381