The ITAT bench of Mumbai has held that mere delay in filing Form No. 67

The ITAT bench of Mumbai has held that mere delay in filing Form No. 67  

The ITAT bench of Mumbai has held that mere delay in filing Form No. 67 as per the provisions of Rule 128(9) will not preclude the assessee from claiming the benefit of foreign tax credit in respect of tax paid outside India by relying on the decision of the coordinate bench where it was held that there is no amendment on these aspects in Section 90 of the Act and the Rules cannot override the Act and therefore the filing of Form No. 67 is not mandatory but it is directory. (ITA no.2789/Mum/2022, date of order 06.01.2023)



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