Delay in filing return and Form No. 67 is not fatal to claim Foreign Tax Credit

Kazuya Watanabe Vs Assistant Director of Income Tax (ITAT Bangalore)

ITAT Bangalore held that delay in filing the return and Form No.67, beyond period under section 139(1) of the Act, is not fatal to the claim of FTC. Foreign Tax Credit duly available in respect of income taxable in India and received outside India for the amount of taxes paid outside India.

Facts- Assesse is a Japanese national. Since assessee was a resident and ordinary resident during the year, he had f

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