World Trade Flash

Foreign salary, double tax? When late filing of Form 67 can deny DTAA benefits to Indians

Foreign salary, double tax? When late filing of Form 67 can deny DTAA benefits to Indians

Indians earning salary income abroad can claim foreign tax credit even if Form 67 is filed late, as per a recent ITAT Delhi ruling. The tribunal emphasized that substantive relief shouldn't be denied for procedural lapses if foreign income is declared and tax…

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