Late Form 67? You Can Still Claim Foreign Tax Credit
If you paid tax abroad and forgot to file Form 67 on time, you may still get your foreign tax credit. A recent tax tribunal ruling says the delay alone cannot be the reason to reject your claim.
Missing this one form costs NRIs more than 6 months of chai budget — often ₹50,000+ in double tax.
Your foreign tax credit can vanish just because you filed Form 67 late
Key Takeaways
Check your last 2 ITRs: if you had salary, freelance income, dividends, or capital gains from abroad and Form 67 was not filed, calculate the foreign tax paid — you may have an unclaimed credit.
File Form 67 now even if late, attach proof of foreign tax payment (foreign tax return or TDS certificate), and submit a rectification request under Section 154 if your FTC was previously denied.
Ask your CA to file Form 67 as a separate step before or along with your ITR every year — it is easy to overlook because it sits outside the main ITR form on the income tax portal.
If you paid tax abroad and forgot to file Form 67 on time, you may still get your foreign tax credit. A recent tax tribunal ruling says the delay alone cannot be the reason to reject your claim.
Here's what happened: The Income Tax Appellate Tribunal (ITAT) Ahmedabad ruled that a delayed Form 67 filing cannot, by itself, be the sole ground to deny a taxpayer's foreign tax credit claim.. Form 67 is the mandatory declaration required under Indian tax rules for claiming credit on taxes already paid in a foreign country, and must ordinarily be filed by the ITR due date.. The tribunal's ruling follows a consistent line of decisions holding that foreign tax credit is a substantive right under India's Double Taxation Avoidance Agreements (DTAAs), not a procedural privilege that lapses on a technicality..
What you should do: Check your last 2 ITRs: if you had salary, freelance income, dividends, or capital gains from abroad and Form 67 was not filed, calculate the foreign tax paid — you may have an unclaimed credit.. File Form 67 now even if late, attach proof of foreign tax payment (foreign tax return or TDS certificate), and submit a rectification request under Section 154 if your FTC was previously denied.. Ask your CA to file Form 67 as a separate step before or along with your ITR every year — it is easy to overlook because it sits outside the main ITR form on the income tax portal..
Form 67 must be filed online on the income tax e-filing portal under 'e-File > Income Tax Forms' — it is separate from your ITR, and many CAs forget it even when they file your return correctly.
For readers weighing their credit and loan options, our personal loan guide and CIBIL score resources put this update in context.
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- [1]“Income Tax | ITAT Ahmedabad Allows Foreign Tax Credit Despite Delayed Form 67 Filing” taxguruin · 31 Aug 2026
This article is reported by GoCredit's Editorial Team based on the source above. GoCredit synthesises, contextualises, and adds India-borrower-relevant analysis. We are not the original publisher.
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