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Foreign salary, double tax? When late filing of Form 67 can deny DTAA benefits to Indians
Many Indians working overseas and earning their pay abroad must settle their due taxes in that foreign country, whether it is Singapore, or the United States of America (USA). Currently, the United ...
The ITAT Hyderabad held that delayed filing of Form No. 67 cannot result in denial of foreign tax credit under Section 90. It ruled that the filing requirement is directory and cannot override the ...
The Tribunal directed the Assessing Officer to grant Foreign Tax Credit, observing that delayed filing of Form No. 67 is only a procedural requirement and does not extinguish the substantive ...
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