ITAT Orders Fresh Decision on Foreign Tax Credit Due to Availability of Form 67 Documents

Advertisement Pradeep Lankapalli Vs DCIT (ITAT Bangalore) The Income Tax Appellate Tribunal (ITAT), Bangalore, considered an appeal filed by the assessee against the order of the Commissioner of Income Tax (Appeals) dated 26 July 2021, challenging the denial of Foreign Tax Credit (FTC) claimed under Section 90 of the Income-tax Act, 1961 and Article 25 of the India–US Double Taxation Avoidance Agreement (DTAA). The assessee, a Green Card holder of the United States and an employee of Thomson Reuters India Pvt. Ltd., filed the original return of income on 7 August 2018 under Section 139(1)...