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 ...
ITAT Mumbai allowed foreign tax credit of ₹90,208 despite delay in filing Form 67, holding Rule 128 directory and procedural lapse cannot defeat substantive Sec 90/DTAA ...
The Tribunal found that denial of foreign tax credit during return processing was improper where Form 67 and the return were filed together. The Assessing Officer was directed to verify and allow ...
A Reddit user recently shared how a little-known tax compliance requirement in India — Form 67 — helped them save lakhs after moving back from the US. Recounting their experience, the user said that ...