Procedure for Foreign Tax Credit (FTC) and Filing of Income Tax Return (ITR)

CBDT notified the procedure for submission of Form 67 under Income Tax Rule 116 relating to deduction for Foreign Tax Credit (FTC) for filing Statement/ Income Tax Return (ITR) by a Resident for Incomes from a Country or Specified Territory Outside India.The CBDT notification reads as below;Government of IndiaMinistry of FinanceCentral Board of Di

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