Question ID : 40957

LATE FILING OF FORM 67

Rule 128 provides that Form 67 must be filed before due date u/s 139(1) in order to claim foreign tax credit in return of income. If return to be filed is a belated return and Form 67 has not been filed upto due date u/s 139(1), whether foreign tax credit claimed in return will be disallowed?

Answer ID : 80893

Yes, because rule 128(9) is succinct.

Answer ID : 80989

yes. filing the form on or before the 139(1) deadline is mandatory

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