TMI BlogDenial of Foreign Tax Credit (FTC) - (i) Rule 128(9) of the Rules does not provide for disallowance of...Denial of Foreign Tax Credit (FTC) - (i) Rule 128(9) of the Rules does not provide for disallowance of FTC in case of delay in filing Form No. 67; (ii) filing for Form No. 67 is not mandatory but a directory requirement and (iii) DTAA overrides the provision of the Act and the rules cannot be contrary to the Act. - credit allowed - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
