Credit of Foreign Tax Cannot be denied for Not Filing Form 67 within Due Date of ITR u/s 139 (1) of Income Tax Act: ITAT [Read Order]

Credit of foreign tax cannot be denied for not filing Form 67 within due date of return under Section 139 (1) of Income Tax Act, 1961, rules, ITAT
By Aiswarya Krishnadas - On February 24, 2024 4:05 pm - 2 mins read
Credit - Foreign Tax - Not Filing Form 67 - Due Date - ITR- itat - taxscan

The Income Tax Appellate Tribunal ( ITAT ),Kolkata, has clarified that the credit of foreign tax cannot be denied solely for not filing Form 67 within due date of the Income Tax Return ( ITR ) under Section 139 (1) of Income Tax Act, 1961. The brief fact of the case is that the assessee…

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