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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 ...
Tax Guru

Delhi HC Allows Foreign Tax Credit Despite Delay in Filing Form 67

The Delhi High Court held that delay in filing Form No. 67 cannot defeat a substantive claim for Foreign Tax Credit. It directed the Assessing Officer to verify and grant FTC, observing that denial on ...