TMI BlogForeign Tax Credit u/s 90/90A - - The Tribunal found that while the DTAA does not prescribe a filing...Foreign Tax Credit u/s 90/90A - - The Tribunal found that while the DTAA does not prescribe a filing requirement for FTC, the Income Tax Rules (Rule 128) do mandate the filing of Form No. 67 within a specified time limit. It emphasized that the purpose of this requirement is to verify the eligibility, genuineness, and correctness of the FTC claim. - The ITAT concluded that the filing of the claim form along with certificates and statements is mandatory concerning the essence of the FTC claim but..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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