Form 67 submission Not Mandatory for Availing  Foreign Tax Credit: ITAT Delhi

Suchi Agrawal Vs ITO (ITAT Delhi)

The case in question involves an appeal by Suchi Agrawal against an order dated December 30, 2023, issued by the Commissioner of Income Tax (Appeal) [CIT(A)] in Madurai for the Assessment Year 2020-21. The primary issue revolves around the denial of a Foreign Tax Credit (FTC) amounting to INR 10,29,861, which was rejected by the Assessing Officer (AO) because Form 67, which is required for claiming FTC, was not submitted within the stipulated deadline.

Grounds of Appeal

Suchi Agrawal raised two main grounds in her appeal:

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