Tribunal held that mere delay in filing Form No. 67 as per provisions of rule 128(9), as they stood during year under consideration, will not preclude assessee from claiming benefit of foreign tax credit in respect of tax paid outside India. (AY. 2020-21)
Bhagwandas Tikamdas Khinani. v. CIT (2023) 199 ITD 481 (Mum) (Trib.) Bhaskar Dutta. v. DCIT (IT) (2023) 199 ITD 432 (Delhi) (Trib.)
S. 90 : Double taxation relief-Foreign tax credit-Mere delay in filing Form No. 67 as per provisions of rule 128(9), under will not preclude assessee from claiming benefit of foreign tax credit in respect of tax paid outside India.[S.90A, R. 128(9), Form No.67]