Foreign tax credit not considered due to late filing of Form 67
Hi,
I had filed original return for AY 19-20 basis which I had received a refund of 51,880. I had filed a revised return declaring foreign income & foreign tax deducted basis which refund of Rs. 4180 was expected. However, the department did not consider the credit of foreign tax deducted as Form 67 was missed to be filed & department raised a demand of 2,31,800 (which included the refund of original return 51,880).
I paid back the refund from original return of 51,880 in 2021 to department & also filed Form 67 & Rectification u/s 154 subsequently (after due date of filing return)after realizing the procedural miss. However, department has still not considered Form 67 & has kept the remaining demand of Rs. 1,79,920 intact. My request to department is to consider Form 67 which was filed subsequently, allow the credit of foreign tax paid & quash the demand. Since this is just a procedural miss, credit of tax already deducted should not be denied. Inspite of giving responses to outstanding demand on portal, I am not getting any resolution. Will visiting AO in person help?