New Delhi, Sept. 23 -- A taxpayer who had already disclosed his Belgium salary in India and paid tax on it overseas was denied foreign tax credit because he had not filed Form 67 with his return. The dispute then became more complicated when his appeal was filed nearly five years late. The Income Tax Appellate Tribunal (ITAT), Bangalore, has now allowed him another opportunity to establish his claim.

The ruling is important not simply because of the foreign tax credit (FTC), but because the tribunal addressed two separate procedural lapses and held that neither should prevent the taxpayer's claim from being examined on merits.

The ruling was delivered on 17 August 2026 in Abhishek Narayan v. ITO, Ward International Taxation 1(2), Bangal...