The Tribunal held that delay in filing Form 67 is a procedural lapse. It restored the matter to the AO to verify and allow Foreign Tax Credit if ...
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 ...
An individual, Mr Singh, bought shares of a Singapore company in the names of his two daughters and duly disclosed this investment in the Schedule Foreign Asset (FA) of his income tax return (ITR). Mr ...