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Income Tax Department Allows Taxpayers More Time To Claim Credit For Taxes Paid Outside India

Sachin Garg, Partner–Direct Taxation, Nangia Andersen LLP said that the amendment has provided much-needed relief to taxpayers who can now claim FTC by furnishing Form- 67 along with necessary documents before the end of the assessment year if the return is filed within the original due date or date of filing belated tax return.

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