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Foreign Tax Credit News

income tax refund

20 Aug 2022

ITR Filing FY 2021-22: I-T Dept extends time to claim THIS credit; Check here

The I-T Dept has amended tax Rules providing relief to taxpayers in claiming Foreign Tax Credit (FTC). The FTC can now be claimed even when filing an updated Income return, provided Form - 67 is furnished before filing such return. It's big relief for tax payers and augment ease of doing business in India.

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