The Tribunal held that where the assessee had furnished Form No. 67 along with the prescribed documents, denial of foreign tax credit merely on technical grounds was not justified. The Assessing Officer was directed to allow the foreign tax credit in accordance with law. (AY. 2020-21).
Toyota Boshoku Automotive India (P.) Ltd. v. Dy. CIT (2025) 126 ITR 298 / 174 taxmann.com 933 (Bang.)(Trib.)
S. 90: Double taxation relief-Foreign tax credit-Form No. 67 filed-Substantive compliance-Credit allowable.
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