No denial of Foreign Tax Credit For Mere Delay In Filing of Form No. 67

Sanjay Patil Vs Assessing Officer (ITAT Surat) ITAT held that Assessee has vested right to claim Foreign Tax Credit (FTC) under the tax treaty, the same cannot be disallowed for mere delay in compliance of a procedural provision, that is ‘delay in filing Form No.67’. FULL TEXT OF THE ORDER OF ITAT SURAT Captioned appeal filed by the assessee, pertaining to Assessment Year (AY) 2018-19, is directed against the order passed by the National Faceless Appeal Centre (NFAC)/Ld. CIT(A) in Appeal No. ITBA/NFAC/S/250/2021-22/1034917066(1) dated 17.08.2021, which in turn arises out of an assessment o...