Denial of FTC for delay in filing of Form No. 67 not justified: ITAT Kolkata

Rahul Anand Vs ADIT CPC (ITAT Kolkata) ITAT Kolkata held that Rule 128(a) does not preclude the assessee from claiming credit for FTC in case of delay in filing the required form no 67. Also held that filing of form 67 is procedural requirement and accordingly violation of procedural norms doesn’t extinguish substantive right of claiming credit of FTC. Facts- The assessee filed his return of Income on 27.08.2019. After filing the return, assessee received intimation u/s 143(1) of the Act dated 23.03.2021 and found that relief under section 90 of the Act had not been allowed amounting to Rs 7...