Delay of 10 days in Filing ITR cannot Vitiate FTC Claim for Income Earned Outside India: ITAT Restores Matter for De Novo Consideration [Read Order]

Delay of 10 days in Filing ITR - FTC Claim for Income Earned Outside India -Filing ITR - ITR -FTC Claim - ITAT Restores Matter for De Novo Consideration - Filing ITR - taxscan

The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) held that, a delay of 10 days in filing return cannot vitiate the Foreign Tax Credit (FTC) claimed to the extent of income earned outside India hence restored the matter to Assessing Officer (AO) for de novo consideration. Mr. Kazuya Watanabe, a citizen of Japan, was…

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