No Foreign Tax Credit Denial for Filing Belated Form 67: ITAT Pune

Shashank Sadashiv Karkare Vs ITO (ITAT Pune)

The appeal was filed by the assessee, Shashank Sadashiv Karkare, against the order of the National Faceless Appeal Centre (NFAC), Delhi, for the Assessment Year 2020-21. The assessee, an individual employed with M/s. John Deere India Pvt. Ltd., had salary income from both the USA and India. He filed his return of income on 26.03.2021, declaring a total income of ₹60,00,500 and claiming foreign tax credit of ₹5,63,516 under Sections 90/90A of the Income Tax Act.

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