Foreign tax credit form 67

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This query is : Resolved

Sunil Verma (Querist)

26 September 2017 Today I came to know about submission of form 67 for claiming foreign tax credit along with e-file for AY 2017-18 . I have already e-filed and my returns sent to IT-AO of my jurisdiction. It was inadvertent slip due to ignorance. How can I rectify the situation now. Please advise.

K Srinivas, CMA CS

K Srinivas, CMA CS (Expert)

26 September 2017 File a revised return. Before revising, file form 67 online.

Sunil Verma

Sunil Verma (Querist)

26 September 2017 Thanks Srinivas.
1. I understand provision for uploading form 67 online was announced by CBDT last week on 19th September 2017 so no one in my situation could have done it as expected before due date.
2. CPC has already processed and sent return to Assessment Officer as per their notification to me giving reason as unable to verify FTC. Can a revised return still be filed ?

K Srinivas, CMA CS

K Srinivas, CMA CS (Expert)

27 September 2017 1. You are correct. Since the form was notified only last week, none could have filed the form

K Srinivas, CMA CS

K Srinivas, CMA CS (Expert)

27 September 2017 2. Since the assessment has been completed already, you can rectify the return u/s 154

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