Begin typing your search above and press return to search.
![Claim of FTC on Payment of Foreign Tax Rejected due to Late Filing of ROI: ITAT directs Re-Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Claim-of-FTC-FTC-Claim-of-FTC-on-Payment-Payment-of-Foreign-Tax-due-to-Late-Filing-of-ROI-Late-Filing-of-ROI-ROI-ITAT-Income-Tax-ITAT-directs-re-adjudication-taxscan.jpg "Claim of FTC on Payment of Foreign Tax Rejected due to Late Filing of ROI: ITAT directs Re-Adjudication [Read Order]")
Claim of FTC on Payment of Foreign Tax Rejected due to Late Filing of ROI: ITAT directs Re-Adjudication [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) directed re-adjudication to the assessing officer for rejecting the claim of Foreign...
![Delay in Filing Form 67 not a Reason for Denial of Relief u/s 90 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Delay-in-Filing-Form-67-Reason-for-Denial-of-Relief-us-90-of-Income-Tax-Act-ITAT-TAXSCAN.jpg "Delay in Filing Form 67 not a Reason for Denial of Relief u/s 90 of Income Tax Act: ITAT [Read Order]")
![ITAT allows Foreign Tax Credit Claim by Form 67 filed with Revised Return instead of Original Return of Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-allows-Foreign-Tax-Credit-Claim-Form-67-filed-with-Revised-Return-Original-Return-of-Income-Foreign-Tax-Credit-Form-67-filed-with-Revised-Return-Return-of-Income-Income-taxscan.jpg "ITAT allows Foreign Tax Credit Claim by Form 67 filed with Revised Return instead of Original Return of Income [Read Order]")
![Filing of Form 67 is a Procedural Requirement: Non-Compliance cannot attract Denial of FTC, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Form-67-Procedural-Requirement-Denial-of-FTC-FTC-ITAT-Income-Tax-taxscan.jpg "Filing of Form 67 is a Procedural Requirement: Non-Compliance cannot attract Denial of FTC, rules ITAT [Read Order]")
![Delay in filing Form 67 not a reason to deny claim of Foreign Tax Credit under DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Form-67-Delay-in-filing-Form-67-filing-Form-67-Foreign-Tax-Credit-DTAA-ITAT-taxscan.jpg "Delay in filing Form 67 not a reason to deny claim of Foreign Tax Credit under DTAA: ITAT [Read Order]")
Rule 128(9) Disallowing FTC in case of Delay in filing Form 67 Contrary to Indo-USA DTAA, Shall be Read Down: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has held that Rule 128(9) of the Income Tax Rules regarding the disallowance of foreign tax credit (FTC) in cases where filing Form 67...
![Rule 128(9) Disallowing FTC in case of Delay in filing Form 67 Contrary to Indo-USA DTAA, Shall be Read Down: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/FTC-case-of-Delay-filing-Form-67-Form-67-Indo-USA-DTAA-ITAT-Income-Tax-taxscan-.jpg "Rule 128(9) Disallowing FTC in case of Delay in filing Form 67 Contrary to Indo-USA DTAA, Shall be Read Down: ITAT [Read Order]")
![Claim of FTC cant be disallowed merely on delay in filing Form 67: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Claim-of-FTC-disallowed-merely-delay-in-filing-Form-67-ITAT-Taxscan.jpg "Claim of FTC cant be disallowed merely on delay in filing Form 67: ITAT [Read Order]")
Income Tax Rules Amended to allow Foreign Tax Credit even with Delayed filing of Form 67 [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the Income-tax (27thAmendment) Rules, 2022 and amended rule 128, for sub-rule (9) allowing filing of form 67 furnished even after the due date of...
![Income Tax Rules Amended to allow Foreign Tax Credit even with Delayed filing of Form 67 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/08/Income-Tax-Rules-Foreign-Tax-Credit-Form-67-taxscan.jpg "Income Tax Rules Amended to allow Foreign Tax Credit even with Delayed filing of Form 67 [Read Notification]")
![Govt Prescribes Procedure to furnish Form 67 to claim Foreign Tax Credit [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/09/Foreign-Tax-Credit-CBDT.jpg "Govt Prescribes Procedure to furnish Form 67 to claim Foreign Tax Credit [Read Notification]")