This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
ITAT Allows Foreign Tax Credit as Delay in Filing Form 67 Is Procedural: ITAT Visakhapatnam
Case Law Details
- Case Name
- Srikanth Atluri Vijayawada Vs ITO (ITAT Visakhapatnam)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2020-21
- Courts
- All ITAT, ITAT Visakhapatnam
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Srikanth Atluri Vijayawada Vs ITO (ITAT Visakhapatnam)
The Income Tax Appellate Tribunal (ITAT), Visakhapatnam allowed the assessee’s appeal against the order of the Commissioner of Income Tax (Appeals), which had upheld the denial of Foreign Tax Credit (FTC) for Assessment Year (AY) 2020-21. The dispute arose because the assessee had not filed Form No. 67 within the time prescribed under Rule 128(9) of the Income Tax Rules, 1962 along with the return of income filed under Section 139(1) of the Income-tax Act, 1961.
The assessee claimed that taxes had been paid in the foreign jurisdictio...
Author Info
