Foreign Tax Credit cannot be Denied for Technicality of not Filing Form 67 within Due Date of Return u/s 139(1) of Income Tax Act: ITAT [Read Order]

By Fathima Karama A.M - On August 13, 2023 11:30 am - 2 mins read
Foreign Tax Credit - Foreign Tax - Tax Credit - Filing Form 67 within Due Date of Return - Filing Form 67 - Due Date of Return - Due Date - Income Tax Act - Income Tax - ITAT - Taxscan

The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has held that the foreign tax credit could not be denied for technicality of not filing form 67 within the due date of return under Section 139(1) of the Income Tax Act 1961. The assessee, Mahua Bagchi was an employee of Cognizant Technology Solutions India Pvt….

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