Query regarding return send to ao due to ftc

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This query is : Resolved

Rahul Acharya (Querist)

27 July 2019 I am Indian tax resident with main source of income as salary from MNC. my employer also allots some RSU's bonus every year.

As I have shown my US RSU dividend income and the tax withheld on it in my ITR2.
I have claimed the tax withheld as tax credit under DTAA.
Now my ITR status is send to AO for processing.
Credits for tax payments made outside India claimed in the return , which can not be verified by CPC.

I have not filled form 67 as required by the process for claiming FTC under DTAA.

Also I have claimed refunds in my ITR2

My question is

What should I do now to complete my ITR assessment.
1. Contact AO and submit required documents.
2. Fill form 67 and file a revised return.
3. File a revised return and remove FTC claimed.

Waiting for AO to contact and process my return does not work out as I got to know that AO might take years to start the processing.

Any help/ suggestions in this issue are welcome and appreciated.
Thanks a lot.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

28 July 2019 Contact AO and submit required documents.
As you have not filed form 67 you can't file it now or revise the return. AO will dis allow the FTC claimed/ allow it on submission of form 67 now..
Go for appeal if FTC not allowed by AO even after submitting form 67.

Rahul Acharya

Rahul Acharya (Querist)

28 July 2019 Thanks Sir, I will contact AO and submit the required docs.