Foreign Tax Credit cannot be denied for delayed filing of Form 67: ITAT Mumbai

Hirachand Damji Dand Vs ACIT (ITAT Mumbai) ITAT Mumbai held that denial of claim of Foreign Tax Credit [FTC] for delayed filing of Form No. 67 not sustainable. Accordingly, order set aside and matter restored to file of AO to verify genuineness of the claim. Facts- The present appeals are filed by the appellant/assessee against the orders of even date i.e. 06.02.2025 of National Faceless Appeal Centre (NFAC), wherein, CIT(A) has dismissed the appeals of the assessee who has challenged the order u/s 154 passed by the AO refusing to rectify the apparent mistake while making adjustment of Rs. 4,8...