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2023 (8) TMI 808 - AT - Income TaxRevision u/s 263 - as per CIT assessee had belatedly filed requisite form for claiming foreign tax credit against foreign income returned i.e. form no.67, AO had wrongly allowed foreign tax credit to the assessee - mandatory requirement for claiming exemption - HELD THAT:- As we hold that there was no error in the order of the AO accepting the assessee’s claim of foreign tax credit, even though form no. 67 was filed belatedly beyond date prescribed u/s 139(1) of the Act, since it was allowed by the AO following the decision in the case of M/s. Brinda Rama Krishna [2022 (2) TMI 752 - ITAT BANGALORE] and several other judgments have also affirmed the proposition of law laid down in the said decision. AO by doing so, had taken a possible view on the matter and therefore his order cannot under any circumstances be said to be in error. Appeal of the assessee is allowed.
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