ITAT Pune Allows Foreign Tax Credit (FTC) Despite Late Form 67 Filing

Preeti Das Vs ITO (ITAT Pune)

The Income Tax Appellate Tribunal (ITAT) Pune ruled in favor of Preeti Das, allowing her Foreign Tax Credit (FTC) claim despite the late filing of Form 67. Das, an Indian resident employed with Microsoft Global Services, had worked in the U.S. on an international assignment and later filed a revised tax return for AY 2019-20, claiming FTC of ₹7,34,421 under Section 90(2) of the Income Tax Act. However, the Centralized Processing Center (CPC) in Bangalore denied the FTC claim, citing the late submission of Form 67. Both the rectification petition unde

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