Case Law Details
Yogesh Dnyandeo Kinage Vs ADIT (ITAT Mumbai)
ITAT Mumbai held that as Form No. 67 has been filed by the Appellant before the processing the return of income under Section 143(1) of the Income Tax Act, foreign tax credit is duly eligible.
Facts- The Appellant filed return of income for the Assessment Year 2018-19 on 28/08/2018, which was revised on 29/03/2019. In the revised return of income, the Appellant declared total income of INR 13,45,280/- (including salary and perquisite received in Netherland) and claimed a relief of INR 1,72,390/- u/s. 90 of the Act. Prior to filing revised return of income as aforesaid, the Appellant also filed Form 67 on 27/03/2019 for claiming relief u/s. 90 of the Act.
The revised return filed by the Appellant was processed u/s. 143(1) of the Act and intimation, dated 28/03/2020, was issued to the Appellant raising a demand of INR 2,18,280/- as opposed to refund of INR 3,230/- claimed by the Appellant. As per the intimation issued under Section 143(1) of the Act relief u/s. 90 of the Act amounting to INR 1,72,390/- claimed by the Appellant was denied.
CIT(A) dismissed the appeal. Being aggrieved, the present appeal is filed.
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